Top Five Senior Citizens’ Deposit


Tenure  
Interest rate (%) compounded quarterly
 
What Rs. 10,000 will grow to

Tenure: 1 year

   
Canara Bank 9.50 10,984
Corporation Bank 9.50 10,984
Indian Bank 9.50 10,984
Kotak Mahindra Bank 9.50 10,984
UCO Bank 9.50 10,984
     
Tenure: 2 years    
City Union Bank 10.00 12,184
Karur Vysya Bank 10.00 12,184
Axis Bank 9.75 12,125
Development Credit Bank 9.75 12,125
IDBI Bank 9.75 12,125
     
Tenure: 3 years    
City Union Bank 10.00 13,449
Axis Bank 9.75 13,351
IDBI Bank 9.75 13,351
ING Vysya Bank 9.75 13,351
Karur Vysya Bank 9.75 13,351
     
Tenure: 5 years    
Development Credit Bank 9.80 16,227
Axis Bank 9.75 16,187
City Union Bank 9.75 16,187
IDBI Bank 9.75 16,187
Tamilnad Mercantile Bank 9.75 16,187

Source: The Economic Times Wealth