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Banks told not to levy penalty on withdrawals in Senior Citizen Savings Scheme, due to death

Banks told not to levy penalty on withdrawals in Senior Citizen Savings Scheme, due to death
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

Senior Citizen Savings Scheme: IBA Asks Banks Not to Levy Penalty on Premature Withdrawal in Case of Death

Senior Citizen Savings Scheme: IBA Asks Banks Not to Levy Penalty on Premature Withdrawal in Case of Death
moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.

SBI vs HDFC Bank vs ICICI Bank vs Axis Bank: Know which special FD scheme is the best

Banks are offering senior citizens special fixed deposit (FD) schemes, providing higher interest rates on term deposits SBI vs HDFC Bank vs ICICI Bank vs Axis Bank: Know which special FD scheme is the best  New Delhi: Special bank fixed deposit (FD) schemes for senior citizens have been extended till June 30, 2021. While bank fixed deposits for tenures up to 5 years are offering a return of around 5.5 per cent, most senior citizens, especially those whose long-term deposits are coming up for renewals, are in a fix. Banks are offering senior citizens special fixed deposit (FD) schemes, providing higher interest rates on term deposits.

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