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Senior Citizen: FD Rates

  • As you all know, Investment in FDs offer liquidity and periodical interest income to senior citizens
  • The savings are useful to build an emergency corpus
  • Although bank FD interest is taxable, a lower tax slab for most senior citizens ensures that tax liability is minimal or nil if other income is negligible
  • Here are the list of banks offering the best interests on three-year FDs for senior citizens

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