High FD rates for senior citizens: These banks are offering rates of up to 8.6% on fixed deposits

High FD rates for senior citizens: These banks are offering rates of up to 8.6% on fixed deposits

Senior citizens looking for a boost in their savings can benefit from fixed deposits (FDs), with many banks offering competitive interest rates.  A key driving factor behind the surge in senior citizen deposits is the offer by banks to provide an additional 50 basis points over the card rate for the general public. Moreover, banks … Read more