Can Your Fixed Deposit Double In 10 Years? Here's How Top PSU Banks Compare For Senior Citizens

The brief

Fixed deposits continue to be a preferred investment option for those seeking stable and predictable returns. Although deposit rates have softened in recent months, experts say senior citizens can still benefit from attractive long-term fixed deposit schemes offered by leading public sector banks. A 10-year FD at select banks has the potential to nearly double the invested amount for eligible senior citizens, making it an option worth considering for conservative investors.