The Reserve Bank of India (RBI) has modified rules for NBFCs to allow investors to withdraw their deposits prematurely within three months from January 1, 2025.

From Systematic withdrawals to lump sum withdrawals or providing pension to the nominee in case of death NPS offers various benefits on exit or premature closure.

HDFC Bank Senior Care fixed deposit scheme was launched on May 18, 2020.

Sovereign Gold Bond (SGB) offers guaranteed interest income and zero tax on capital gains on maturity, two key benefits for senior citizens. Learn more.

Kotak Mahindra Bank and Shivalik Small Finance Bank revised their fixed deposit rates in the week ending October 28, 2023. 

The Reserve Bank of India (RBI) has increased the banks’ minimum limit for non-callable fixed deposits (FDs) from Rs 15 lakh to Rs 1 crore with immediate effect. 

Private sector banks ICICI, Axis, and IDFC have revised their fixed deposit rates for bulk deposits this week. Read on to know details

Axis Bank has revised its fixed deposit rates effective July 26, 2023. The maximum rate of interest offered to senior citizens is 7.85 per cent

The HDFC Bank has extended the deadline to apply for Senior Citizen Care Fixed Deposit, which offers the highest interest rate at 7.75 per cent, by four months

HDFC Bank is offering 75 basis higher rate of interest to seniors on their fixed deposit. The deadline to apply for this FD is July 7, 2023