Small finance banks top the list of entities that offer the highest interest rates on short-term fixed deposits.
Leading public and private sector banks such as Bank of Baroda, Axis Bank, HDFC Bank, SBI, Union bank of India, among others are offering the best interest rates on three-year FDs for senior citizens.
Senior citizens should invest a part of their savings in fixed deposits which offer liquidity and ensure interest income periodically.
Demonetisation is behind and Digital is ahead; Budget is an event to reward the honest tax payer.