Fixed deposits (FDs) have been around for a long time The government has been one of the most trusted banks for senior citizens and its biggest feature is that the money remains safe in it and it gives fixed interest in good times If we look at the year 2025, many big banks of the country have started special schemes for senior citizens FD A slightly higher interest rate is offered in this scheme as compared to the general public so that senior investors can get better interest returns. Keeping these plans in mind, a big company has come up with a new plan -FD The scheme has attracted the attention of all people. Under this scheme, if any senior citizen ₹1 lakh If he deposits it, he can get interest of around Rs 24,000 after some time. So this year is 2025 It is considered the most beneficial and reliable The bank says that it provides both security and income for senior citizens. In time, the income bank gives you good money.
New Fixed Deposit Scheme for Senior Citizens (FD) scheme
A new Fixed Deposit (FD) scheme has been launched for retired people with the aim of providing regular and secure income to the common citizens. This scheme offers interest up to 8.25% per annum. On the other hand, regular FDs offer interest ranging from 6.5% to around 7% per annum. And in this scheme, senior citizens get more benefits.
Example on break
If a person deposits Rs 1 lakh in 1 year (FD) bank After some time or a few years, the bank gives him approximately Rs 1,24,000. This amount may fluctuate slightly depending on the compound interest of the bank.
Who is the Ah Plan suitable for
Senior citizen The perfect plan for
1 safe investment
2 assured return
Main benefits
1 Higher interest rates than normal FD
2 Complete protection of capital
3 Stable and regular income
conclusion
senior citizen FD scheme 2025
This is a great option for retired investors. It’s not only safe but also provides assurance of regular income. If you’re looking to stabilize your retirement income, this new FD plan is a great option for you. The option is
eligibility and investment detail
To be eligible for this scheme, the applicant must be 60 years of age or above and should have a savings or pension account with the respective bank. The Fixed Deposit (FD) can be opened either online or by visiting any branch, offering a flexible tenure ranging from 6 months to 5 years.Investors have the option to receive interest payouts monthly, quarterly, or on a cumulative basis, depending on their financial preferences. In addition, several banks allow premature withdrawal and provide loans against FDs, ensuring both liquidity and financial security for senior Citizens
Investment options
Unlike investments tied to the market, this fixed deposit scheme guarantees secure returns with no risk. Senior citizens can benefit from extra interest rates, which help them earn more compared to standard depositors. Additionally, investing for a period of five years can offer tax-saving benefits under Section 80C, making it a smart choice for retirees looking to strengthen their financial planning.