Ratnakar Bank Senior Citizen fixed deposit Scheme offers maximum return over term deposits & Attractive interest rates.
Customers can apply for this scheme via online and via visiting bank branch.
Investment period - 7 days minimum & 10 years Maximum.
Nomination facility available.
Partial/pre mature withdrawal at any time.
Overdraft facility available.
Interest Rates for Senior Citizens are as follows:
| Period of Deposit | Interest Rates |
| 7 - 14 Days | 5.50 |
| 15 - 45 Days | 6.50 |
| 46 - 90 Days | 7.50 |
| 91 - 180 Days | 7.65 |
| 181 - 240 Days | 7.78 |
| 241 - 364 Days | 7.98 |
| 1 - 2 Years | 8.51 |
| 2 - 3 Years | 8.24 |
| 3 - 5 Years | 8.24 |
| 5 - 10 Years | 7.98 |
| Above 10 Years | 7.93 |