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Senior Citizens FD: Four banks hike fixed deposit rates; should you invest in FD schemes or Senior Citizen Savings Scheme?

Four banks have hiked their fixed or term deposit interest rates for senior citizens and general customers this month.

Srinivasa reddyNirmala sitharamanCanara bankTa pai management instituteAxis bankBank fdsSuryoday small finance bankSchool of managementSenior citizensReserve bankIndependence dayFederal bankSenior citizen savingsSenior citizens savings schemeFinance minister nirmala sitharamanAssistant professor

Axis Bank hikes FD rates by 5 bps on multiple tenors effective from today

Axis Bank has hiked its interest rates on fixed deposits of less than ₹2 Cr.

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Axis Bank revises FD rates, now promising as high as 8 01% for senior citizens on this tenor

Axis Bank, a major private lender, has altered the interest rates on fixed deposits under ₹2 crore.

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Axis Bank hikes FD rates by up to 7 26% effective from today

The private sector lender Axis Bank has hiked its interest rates on fixed deposits of less than ₹2 Cr.

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Axis Bank hikes Interest Rates on Fixed Deposits From Today: Check revised Rates Here

With the latest hike in FD rates, the Axis Bank is now offering interest rates on deposits maturing in 7 days to 10 years that range from 3.50% to 7.00% for the general public and 6.00% to 7.75% for senior citizens. aaa

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