Top Senior Citizen Fixed Deposits Schemes 2022

Fixed deposit is one of the most popular senior citizen saving schemes in India. Many banks and NBFCs offer senior citizen fixed deposits to individuals aged above 60. These fixed deposit schemes come with an additional rate of interest, typically up to 0.5% more than normal fixed deposits. By opening fixed deposit accounts, senior citizens can receive a steady and reliable income stream in the form of interest rates. Let’s explore the best fixed deposits for senior citizens in 2022.

NPS vs Mutual Fund: What is best for You?

NPS vs mutual fund: Building a secure after-retirement life needs due diligence and carefully thought out strategy. Saving and investing for retirement should be the most important aspects of your retirement planning. It is essential to start early and invest in asset classes that offer inflation beating returns. Since there are many investment avenues in the market, selecting the most suitable one can be confusing. NPS and mutual funds are two popular investment options that people consider to build their post-retirement corpus.

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