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How to Maximize Returns with Senior Citizen FD Rates
- Location: India
Senior citizen FD rates are typically higher than regular FD rates, offering an additional 0.25% to 0.75% interest. This bonus is provided to support retirees in generating better income from their savings. The higher rates apply across tenures, making these FDs ideal for maximizing returns on fixed-income investments. Comparing rates and tenures between institutions ensures senior citizen can benefit from the best available options.
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