People adopt different methods to invest their savings. Some people take advantage of government schemes, while some prefer to invest in the stock market. However, most people, especially senior citizens, prefer to keep their money in a bank FD (fixed deposit). This is because banks give higher interest rates on FDs to senior citizens than to normal citizens, making it a safe and attractive option for them. (Bank FD News)
If you are also a senior citizen and want to invest your money in a good interest rate FD, then this news is going to be very important for you. Today in the news, we will tell you about some such FDs, which will give the highest interest rate return. It includes both government and private banks.
Government bank FD for senior citizens-
There are many government banks in the country, which are offering very good interest rate returns to senior citizens in their FDs. These banks are offering returns at the maximum interest rate.
Punjab and Sind Bank- 7.55 percent-
Bank of India - 7.50 percent
Central Bank of India - 7.50 percent
Indian Overseas Bank- 7.45 percent
Indian Bank- 7.40 percent
Private bank FD for senior citizens-
There are many private banks in the country that are offering very good interest rate returns to senior citizens in their FDs. These banks are offering returns at the maximum interest rate.
SBM Bank- 8.55 percent
Bandhan Bank- 7.90 percent
CSB Bank- 7.90 percent
DCB Bank- 7.90 percent
RBL Bank- 7.80 percent
Disclaimer: This content has been sourced and edited from Amar Ujala. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
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