Maximizing returns: A guide to FDs and interest rates for senior citizens in India
This blog is a guide for senior citizens looking to maximize their returns on savings through fixed deposits (FDs). It provides an overview of the interest rates offered by different banks such as HDFC bank, ICICI Bank, YES Bank, Axis Bank, Bandhan Bank, IDFC first Bank, SBI Bank on FDs for senior citizens. It also highlights the importance of comparing the rates and other factors such as the bank’s reputation, customer service, and deposit insurance to find the best FD option that suits their needs. Additionally, it covers some other important aspects such as flexibility to withdraw deposit before maturity and loan against deposit, to make an informed decision.
