Fixed Deposits for Senior citizens: Top 5 FD schemes with 9.5% interest rate this month. Key points to note

Fixed Deposits for Senior citizens: Top 5 FD schemes with 9.5% interest rate this month. Key points to note

FD investment: As investors enter their golden years, their investment appetite change as they tend to move towards safer tools from riskier ones. A fixed deposit (FD) is a financial instrument provided by various financial institutions such as banks and Non-Banking Financial Companies (NBFCs). Fixed deposits are known for their competitive interest rates, which are … Read more

Investment for senior citizens? Here are some alternative investment options that you may give a try

Investment for senior citizens? Here are some alternative investment options that you may give a try

When considering investment plans for senior citizens, numerous factors must be taken into account due to the challenges associated with generating a consistent income from their accumulated savings. Given that these funds often constitute the entirety of their financial resources, seniors typically gravitate towards more conservative investment strategies.  Before making any investment decisions, it is … Read more