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.

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