BusinessSenior Citizens Get Up to 8.50% Interest on FD in Banks
Senior citizens prefer fixed deposits (FDs) for safe investment and regular income post-retirement. Interest rates vary across banks: small finance banks offer up to 8.50%, private banks up to 8%, and government banks up to 7.45%. When choosing an FD, factors like tenure, premature withdrawal charges, interest payment options, and ₹5 lakh deposit insurance limit should also be considered.
News18Hi Business·3h ago




