Fixed deposits are evergreen investing tools for most Indians; however, there are alternatives for the 'exploring kind'.

Senior citizens looking for guaranteed returns from fixed deposits can explore these bank rates compiled by Paisabazaar.com.

Senior citizens usually invest in bank fixed deposits as they offer guaranteed returns. Unlike bank FDs, corporate FDs generally provide higher rates, but are they a safe bet for them?

Fixed deposits are a secure investment option with attractive interest rates for senior citizens. Explore the highest FD rates across government banks, private banks, small finance banks, and corporate FDs to maximise your savings. However, also consider factors, such as tenure, credibility, premature withdrawal, senior citizen premium, and tax implications for an informed decision.