Finance
EnglishSenior Citizens Can Score Over 8% on Fixed Deposits!
Hey there! Senior citizens can now snag fixed deposits with rates over 8%! Small finance banks like SBM Bank India are leading the pack with a whopping 8.35%. Private banks are joining the fun, but their rates are a bit lower. It's a great time for retirees to lock in some sweet returns!
few days ago | Amit Kumar
Quick rundown
1.Small finance banks offer the highest FD rates for seniors.
2.Private banks cross the 7.5% mark for senior citizen FDs.
3.PSU banks offer steady FD rates around 7-7.25%.
4.Super senior citizens get extra benefits on FDs.
5.Retirees can lock in higher guaranteed income with current FD rates.
