Five small finance banks are offering senior citizens more than 9.0 per cent interest on fixed deposits (FDs). Seniors can avail of up to 9.50 per cent in Unity Small Finance Bank.

Both PPF and NPS have their merits and drawbacks. So, you will need to do thorough research with regards to your investment goals, time horizon, and risk-taking capacity before zeroing in on one to build your retirement corpus

The State Bank of India (SBI) launched a new fixed deposit (FD) scheme, the 444-Day Amrit Vrishti, on July 15, 2024. Know its key features and the rate of interest for senior citizens.

Eight banks, including Punjab and Sind Bank, Bank of India, Union Bank of India, ICICI Bank, and Axis Bank, have revised their fixed deposit rates during the week ending July 6, 2024.

One can open an SCSS account at the post office or with the bank, giving proper details such as know-your-customer (KYC) documents, PAN and Aadhaar information, etc.

Four banks, including Bandhan Bank and J&K Bank, have revised their fixed deposit rates in the week ended April 13, 2024, offering senior citizens a maximum of 8.35 per cent.

RBI’s floating rate bonds are investment instruments where one can invest a minimum of Rs 1,000 without any upper limit and earn regular interest every six months.

IOB, HDFC, AXIS, Bank of Maharashtra, and two other banks have revised their fixed deposit rates in the week ending February 10, 2024. Know the details

Post office interest rates are revised by the government from time to time to allow small investors to meet their financial requirements and achieve goals.

Budget announcement is eagerly awaited by people of age groups, however, for seniors it is an event that gives them hope of saving more money, earning a higher return on their retirement corpus and lowering their expenses.