444-day special fixed deposits: Here’s a comparison of returns in SBI, Indian Overseas Bank, Federal Bank

444-day special fixed deposits: Here’s a comparison of returns in SBI, Indian Overseas Bank, Federal Bank

Many banks have introduced special fixed deposit (FD) schemes with competitive interest rates in recent years to attract investors. These limited-time schemes provide depositors, particularly senior citizens, with the chance to increase their returns compared to traditional FDs. Special FDs operate like regular term deposits but offer higher interest rates for a specific period. Leading … Read more

FDs for senior citizens: Check top fixed deposit schemes before December ends

FDs for senior citizens: Check top fixed deposit schemes before December ends

Fixed deposits (FDs) are a popular investment option for senior citizens due to their ability to provide guaranteed returns without being impacted by market fluctuations. This is particularly appealing to older individuals who are looking for a secure and stable way to grow their savings. Another reason why senior citizens often choose FDs is because … Read more