Latest Post Office Interest Rates August – 2021
Savings schemes of India Post – savings account, recurring deposit account, fixed deposit account, monthly investment scheme, and sukanya samriddhi account, offer interest rates ranging from 4 per cent to 8.1 per cent. Besides decent annual returns, some of these schemes also offer income tax benefits under Section 80C of the Income Tax Act.
| Latest Post Office Schemes | Interest Rates |
| Post Office Savings Account | 4.00% |
| 5 Years Post Office Recurring Deposit Account | 5.80% |
| Post Office Time Deposit Account | 5.50% |
| Post Office Monthly Income Account Scheme (MIS) | 6.60% |
| Senior Citizens Saving Scheme (SCSS) | 7.40% |
| Public Provident Fund Account (PPF) | 7.10% |
| National Savings Certificates (NSC) | 6.80% |
| Kisan Vikas Patra (KVP) | 6.90% |
| Sukanya Samriddhi Account | 7.60% |
Home Loan Interest Rate of all Banks August – 2021
A home loan is a popular loan in the Indian market, provided the fact that many are able to fulfil their housing dreams via home loans. Also, the popularity of this loan has led to the establishment of plenty of home loan lenders in the market.
| Banks | Interest Rate |
| HSBC Bank | 6.64% |
| HDFC LTD | 6.75% |
| State Bank of India | 6.75% |
| Axis Bank | 6.90% |
| ICICI Bank | 6.90% |
| IDFC First Bank | 6.90% |
| IDBI Bank | 6.95% |
| Indian Overseas Bank | 7.05% |
| Karur Vysya Bank | 7.20% |
| Federal Bank | 7.65% |
Best Senior Citizen FD Rates August – 2021
Fixed Deposits are one of the safest and most popular investment instruments among Senior Citizens. Individuals of or above the age of 60 years can enjoy a 0.25% – 0.65% extra interest rate over the normal FD rates. Let’s have a look at the best senior citizen FD rates from top 15 Senior Citizen Fixed Deposit Rates.
15 Best Senior Citizen Fixed Deposit Schemes August – 2021
| Bank/NBFC | Senior Citizen Interest Rate |
| Shriram City | 9.24% |
| PNB Housing Finance | 6.95% |
| Yes Bank (Special Rates) | 7.00% |
| Fincare Small Finance Bank | 6.80% |
| Mahindra Finance | 6.55% |
| Sundaram Finance | 6.75% |
| IDFC First Bank | 6.50% |
| ICICI Home Finance | 5.80% |
| SBI FD Interest Rates | 6.20% |
| Kotak Bank | 5.80% |
| Bank of Baroda | 5.75% |
| ICICI Bank | 5.65% |
| HDFC Bank | 5.65% |
| Lakshmi Vilas Bank (LVB) | 5.25% |
| Citibank | 4.00% |
Top 10 Banks Fixed Deposit Rates August – 2021
| Bank/NBFC | Interest Rate |
| Yes Bank (Special Rates) | 6.50% |
| Fincare Small Finance Bank | 6.30% |
| Mahindra Finance | 6.30% |
| Sundaram Finance | 6.25% |
| IDFC First Bank | 6.00% |
| ICICI Home Finance | 5.55% |
| SBI FD Interest Rates | 5.40% |
| Kotak Bank | 5.30% |
| Bank of Baroda | 5.25% |
| ICICI Bank | 5.15% |
| HDFC Bank | 5.15% |
| Citibank | 3.50% |