Top 5 High Yield FDs for Senior Citizens

With RBI pausing rate hikes, this might be the peak interest rate era for Fixed Deposits. Here are the top banks offering the best returns for senior citizens right now:

• Small Finance Banks: Up to 9.00% p.a.
• Private Sector Banks: Average 7.75% p.a.
• Public Sector Banks: Around 7.50% p.a.

Remember, FD interest is fully taxable based on your slab, unless you opt for 5-year tax-saving FDs.