Fixed deposits offer a reliable, consistent long-term investment return, making it a preferred choice among conservative investors. A fixed deposit provides higher interest rates than a savings account, making it an attractive option for conservative investors. Check out the high FD rates offered by small finance, private and public banks. The highest rate on fixed deposits is offered by Unity …
Some banks have introduced new FD schemes for senior citizens, which can enable them to earn up to 8.15 percent interest on their deposits. Here are the schemes introduced: IDBI Bank: Under the Naman FD scheme, senior citizens will get 6.10 percent interest per annum on deposits below Rs 2 crore. IDBI Bank also offers an interest rate of 6.55 …
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