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Senior Citizens Tax-Saving FDs: Check which banks are offering interest rates up to 7%
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When it comes to safe investment options, fixed deposits remain a popular choice for many investors, especially for senior citizens who prefer capital safety over capital appreciation. For senior citizens, FDs are also their first investment choice as they work as a source of regular income for them.
However, the low return rate has been a reason of concern for FD investors. Fixed deposit interest rates have been falling for over a year now with many banks reducing the rates after the Reserve
. Read more on financialexpress.comAbout this in other media
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