Fixed Deposits for senior citizens: List of 10 banks offering up to 9.5 per cent interest on FDs | Check here

Amid the ongoing high interest rate environment in the country, investors are capitalising on the opportunity to earn increased returns through Fixed Deposits (FDs). Traditionally favoured for their safety and reliability, FDs have remained a popular investment choice, particularly among senior citizens who benefit from additional interest rates. Several banks are now offering competitive FD rates, with some institutions providing up to 50 basis points (bps) extra for senior citizens. In this context, small finance banks are standing out by offering some of the highest FD rates available.