Mon, Sep 25, 2023
In comparison to short-term RDs and regular savings accounts, long-term RDs offer higher interest rate and come with low risk. A few banks offer up to 8.5 per cent interest rate on long-term recurring deposits for senior citizens.
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Tue, Jun 28, 2022
As per an official statement, customers can now avail 7% interest p.a. on FDs for 888 days, which brings the annual yield to 7.19%.
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