ROI up to 6.75%* on FD


Top investment schemes for senior citizens to ensure financial stability

  • Highlights

  • Investment planning for smooth financial future

  • Investment growth up to 0.25% extra for senior citizen Savings Scheme

  • Stable returns for senior citizens with Fixed Deposits

Retirement can be a smooth road if your investments are made correctly, and planned in advance. There are numerous senior citizen investment schemes available in India—like senior citizen saving scheme, post office monthly income scheme, senior citizen fixed deposits, an FD and many more.

Bajaj Finserv Fixed Deposit

What you should consider in an investment option

1. Ensure the scheme you select offers periodical income that fulfils your needs and requirements.
2. Make sure that the scheme you select protects and grows your investment in safety.
3. Make sure that the investment option you select has good liquidity, in case the need for urgency of cash arises.

4. Research the tax rules and benefits of your investment scheme, so that you have a clear idea of how much tax you are entitled to pay and when.

Fixed Deposit Senior Citizen Benefits

Senior citizens saving scheme

This option is perfectly risk free and ideal for citizens seeking retirement. The minimum investment limit in this scheme is Rs.1000 and the maximum limit is Rs.15 lakh. This scheme offers your investment a growth of up to 9%. However, a penalty is chargeable in case the investment is withdrawn prematurely.

Additional Read : 5 Best Recommended Investment Schemes For Senior Citizens

DISCLAIMER: The mentioned fixed deposit interest rates are indicative only, and may be subject to change periodically. Please check the interest rates on our website.


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