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For example, if a person opens a financial fixed deposit of three years period at the 6% p.a good., the rate will remain an identical before the end out of its 36 months period. To super senior citizens (FD depositors old 80 years and you will a lot more than) for tenures as high as five years and you will step 1% extra rate of interest to the deposits above five years so you can 10 years. Such as, senior FD rates provided on the a tenure out of 15 days to help you lower than 1 . 5 years by ICICI Financial are ten bps otherwise 0.10% over and above the existing more senior citizen FD cost from fifty bps. Of a lot financial institutions, lower than the special schemes and you can/or for certain tenures, render a supplementary interest out of 0.20% – 0.50% past its senior citizen FD rates. For regular depositors to own tenures ranging from 1 week to ten many years.