Updated Mar 13, 2021 | 06:16 IST
This special FD scheme was launched in May 2020 to cushion senior citizens from falling interest rates amid the coronavirus pandemic. This special FD scheme for senior citizens is available till March 31
Special FD scheme for senior citizens ends March 31: SBI vs ICICI Bank vs others compared 
New Delhi: Several banks including State Bank of India, HDFC Bank, ICICI Bank, Bank of Baroda, are offering senior citizens special fixed deposit (FD) schemes, providing higher interest rates on term deposits.
Bank fixed deposits (FDs) and the Senior Citizen Savings Scheme (SCSS) is the ideal investment opportunities, keeping the long-term stability aspect and added additional benefits into consideration.