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.
upto 1 pc extra interest for senior citizen on fd: these customers can get upto 1 pc extra interest on fd till 30th june- FD पर इन ग्राहकों के लिए 1% तक एक्स्ट्रा ब्याज
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Special FD scheme is available in these four big banks including SBI can benefit till June 30
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Deadline of special fd schemes of SBI, ICICI, HDFC banks for senior citizens extended to june 30 |SBI, ICICI, HDFC बैंक की स्पेशल FD स्कीम में कमाई का मौका, 30 जून तक बढ़ी डेडलाइन
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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.