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Senior Citizens Winning Big: Banks Offer Wild Rates!

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Senior Citizens Winning Big: Banks Offer Wild Rates!

Listen up, folks! Senior citizens are making bank with fixed deposits—it's a total game changer! Small finance banks are knocking it out of the park, offering rates up to a whopping 8.1%! Meanwhile, the big banks are stuck in the slow lane with their pathetic rates. It's a financial showdown, and the little guys are winning bigly! I told you so!

few days ago | Amit Kumar

Quick rundown

1.Small finance banks offer the highest FD rates for seniors.
2.Super seniors get extra benefits on fixed deposits.
3.Form 15G/H helps avoid tax deductions on interest.
4.Paisabazaar data highlights attractive FD rates.
5.Stable returns make FDs popular among retirees.

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