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For senior citizens, FD interest rates are capped at 9.1% for a 5-year investment. Consult the list of banks here on MSN for more information.

by | Feb 23, 2025 | Bank of Baroda, Banking, Canara Bank, Indian Bank, Oriental Bank of Commerce, State Bank of India, Union Bank of India

According to MSN, senior citizens (65 years and above) investing for a period of five years can now enjoy an FD (Fixed Deposit) interest rate as high as 9.1% in some banks. This is a significant increase from previous rates, making it a attractive option for seniors...