At present, the rate of inflation is increasing rapidly. In such a situation, you should invest your savings money in a good place. Significantly, there is a large population in the country, which looks for such investment options, where it does not have to face the dangers of any kind of market risk. In such a situation, many people prefer to invest in the fixed deposit schemes of most banks. There is a large number of elderly people in the country. After retirement, people often prefer to invest their money in places where interest rates are good. In this episode, today we are going to tell you about those banks, where senior citizens are getting the best interest rate on investment. Let's know about these banks -
State Bank Of India
State Bank of India is offering senior citizens an interest rate of 6.40 percent on FDs ranging from 211 days to 1 year. At the same time, this interest rate for common citizens is 5.88 percent.
Punjab National Bank
Punjab National Bank is offering a 7.30 percent interest rate on one-year FD to senior citizens. Apart from this, this interest rate for common citizens is 6.80 percent.
On the other hand, Punjab National Bank is giving an interest rate of 7.60 percent to super senior citizens for getting FDs in the bank. In such a situation, you can get a good interest rate by getting your FD done here.
HDFC bank
For senior citizens, this bank is offering an interest rate of 7.10 percent on FDs of one year to less than 15 months.
(PC: Freepik)
