FIXED DEPOSIT

Corporate Fixed Deposits

Fixed Deposit Interest Rates - February, 2021

Fixed Deposit Interest Rates – February, 2021

Fixed Deposits with Bank Tenure (Min-Max) Interest Rates for Regular Deposit(% p.a.)

FD Rates for Senior Citizens - February, 2021

Fixed deposits are a relatively safer and more secure form of investment than other conventional modes of investment available out in the market. Acting more like a savings instrument, the lock-in periods associated with fixed deposits allows for a more disciplined approach to long term savings or short term wealth growth. Fixed deposit tenures can be available for periods as low as 7 days to tenures as high as 10 years. Fixed deposits are an especially great idea for senior citizens considering that their sources of income are limited and people are mostly risk averse in that age group. Additionally, banks tend to offer better interest rates for senior citizens. The best fixed deposit interest rates offered by banks in India for senior citizens’ are mentioned in the table below –

FD Rates for Senior Citizens – February, 2021

Fixed Deposits with Bank Tenure (Min-Max) Interest Rates for Regular Deposit(% p.a.)
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