Senior citizens FD interest jumps to 7.5%: SBI, HDFC Bank, ICICI Bank, YES Bank, Kotak Mahindra FD rates compared

With the Reserve Bank of India (RBI) raising the repo rate by 225 basis points this year since May, the interest rates on fixed deposits (FDs) have inched up in the last few months. Senior citizens get an even sweeter deal – they usually get an additional 0.50 per cent interest rate on FDs over the regular card rate. Check details here

from Personal Finance News-Wealth-Economic Times https://ift.tt/QXRfIkV