highest fd rates Archives

Latest FD Rates For Senior Citizens: Depositors can get up to 7.10% interest rate from PSU banks in 1-year FD; check out calculations on Rs 5,00,000 investment

DainikNews Live Admin6 months ago04 mins

Senior citizens prefer doing fixed deposits (FDs) over any other investment plans. This is because of a few reasons, like they get better interest rates than savings accounts, their money is safe, they don’t need to worry about markets, get income tax benefits, among others. They also get payouts on a monthly or quarterly basis…

Senior Citizen Latest FD Rates: Here is what PSU banks like SBI, BoB, PNB, and other banks are providing on 1-year, 3-year, 5-year, and 10-year FDs

DainikNews Live Admin8 months ago04 mins

Senior citizens get a slightly higher interest rate on FDs than general citizens. However, the rate of interest varies from bank to bank and depends on various factors, including tenure. Because of their guaranteed return feature, FDs are considered the safest type of investment, and they are very popular among senior citizens. They have different…