SBI, BoB, PNB & Other Banks Latest FD Rates For Senior Citizens: Check out maturity on Rs 8,00,000 deposit in 1-5 year FDs
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…