Which Bank is Best for Fixed Deposit For Senior Citizens?
Hi Kashish,
I had the same question a few months back when I was looking for a fixed deposit for my parents. I found that small finance banks like Suryoday and AU Small Finance Bank offer some of the best FD interest rates for senior citizens, often higher than what big banks provide. For example, my mom recently booked an FD with Suryoday Bank through Stable Money, and she got around 8.4% interest for 5 years FD, which is great compared to most regular banks offering around 6.5 to 7%.