Special offer for senior citizen: Avail up to 7.8% interest rate on fixed deposits with this bank
Keeping at par with the repo rate hikes by the Reserve Bank of India (RBI), banks have been increasing the interest rate on fixed deposits for the past one year and thus FDs have become an attractive investment for many.
For deposits of three years and above, there is a total additional interest rate of 0.75 per cent for senior citizens and 0.90 per cent for super senior citizens above the normal rate of interest. (Image: Pixabay)