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    FD rate up to 8.6% for senior citizens investing for five years; know the list of banks

    Senior citizens can invest in fixed deposits with interest rates reaching up to 8.6%. Suryoday Small Finance Bank leads with these attractive rates for a five-year term. Jana Small Finance Bank follows, offering an 8% interest rate on similar deposits.

    FD rate up to 8.5% for senior citizens investing for five years; know the list of banks

    Senior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the pack, Suryoday Small Finance Bank boasts a remarkable 8.5% for five-year deposits. It's important for savers to be aware of TDS regulations that apply on annual interest exceeding Rs 1 lakh, so filing Form 121 can prevent this.

    Up to Rs 5.52 lakh interest on Rs 10 lakh investment: 5-year senior citizen FDs offering up to 8.50% rates

    HIghest FD interest rate: Many senior citizens seek stable revenue through fixed deposits to support their daily expenses. Small finance banks typically offer higher interest rates than public sector banks for these deposits. Senior citizens should carefully compare options before making investment decisions.

    PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper

    PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.

    PB Fintech Q2 profit rises 43% to Rs 192 crore, revenue grows 35%

    The growth was led by Policybazaar's insurance distribution business, where demand for health and term insurance remained strong. Total insurance premiums rose 38% to Rs 9,385 crore, with new protection premiums increasing 42%. New health insurance premiums grew 46% YoY.

    Want to invest Rs 1 lakh for 1 year in FD? These public, private and small finance banks offer highest maturity amounts

    Highest 1 year FD interest rates: Investors seeking stability may consider fixed deposits due to their guaranteed returns. Current interest rates for one-year fixed deposits vary significantly among different banks. Small Finance Banks like Suryoday and Ujjivan offer the highest rates at 7.25%. Private sector banks like SBM Bank and Bandhan Bank follow closely with competitive interest rates.

    The Economic Times
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