(FDs) are a popular choice among senior citizens who want to invest their money in a low-risk scheme while earning stable returns. For senior citizens looking to lock in their savings for five years, a small change in interest rate can make a noticeable difference to the final maturity amount.
Here's a look at the popular banks' FD interest rates on a 5-year tenure for senior citizens. Also know the approximate maturity amounts that you can get in these FDs on an investment of Rs 5 lakh in each.
