Senior Citizen FD Rates: Which bank offers you highest return on Rs 1 lakh deposit in 1-, 3-, and 5-year schemes? Check calculations

Fixed deposits are among the most popular investments because they are safe and provide guaranteed returns. Senior Citizens can earn better interest rates than general residents on fixed deposits. However, FD interest rates for senior citizens vary based on various things, including tenure. Banks also provide special FD schemes for senior and general citizens. Some of these schemes include SBI's Amrit Vrishti and Bank of Baroda's BoB Utsav.

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