Tag: Senior Citizen FD
Posted in Finance
senior citizen fd: Hike in senior citizen FD? Additional interest rates should increase from 0.5% to 2%; FM gets proposal
January 23, 2024 Leave a Comment on senior citizen fd: Hike in senior citizen FD? Additional interest rates should increase from 0.5% to 2%; FM gets proposal
The interest rates on fixed deposits (FDs) for senior citizens should be 2% more than the standard rate offered to general customers, said Bharat Pensioners…
Posted in Finance
Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?
February 23, 2023 Leave a Comment on Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?
The Reserve Bank of India (RBI) has been raising the repo rate since May 2022, which has led to banks raising their deposit interest rates….