Unclaimed deposits in RBI’s DEA fund have increased by 26 per cent to Rs 78,212.53 crore in FY2023-24over the previous fiscal year.

City Union Bank and Capital Small Finance Bank revised their fixed deposit rates during the week ending May 11, 2024. Learn more.

HDFC Bank extended the last date of its senior citizen fixed deposit scheme.

Four banks have revised their interest rates in the week ending April 20, 2024. Know the details.

The State Bank of India (SBI) has again extended the deadline of its two fixed deposit (FD) schemes, SBI Amrit Kalash and SBI WeCare, which were to expire on March 31, 2024.

Senior citizens often prefer investing in bank fixed deposits when it comes to guaranteed income instruments. Bonds also offer guaranteed returns but are less popular. Learn more.

Senior citizens can earn up to 9.50 per cent interest rate on bank fixed deposits (FDs) after the rate revision this week. Learn more. 

Investing your retirement corpus of Rs 1 crore needs better planning than when you are working, as the risk-taking capacity exhausts after you retire and you do not have an income source

While avenues like the Senior Citizen Saving Scheme (SCSS), higher interest rate fixed deposits, etc., are created for seniors, are debt funds also a suitable investment option? Learn more

Fixed deposits are highly sought after by senior citizens as they offer the chance to receive regular cash flow with minimal risks involved.