Fixed deposit schemes have become the preferred mode of investment for the common people, what has become the attractive feature of depose schemes is the surge in the deposit rates which promises considerably higher returns on the money invested.
Not only for the general citizens but the lenders are also concerned about the senior citizens, banks offer special deposit rates to senior citizens so that they can get maximum returns. They offer higher depose rates because the banks believe that the financial requirements are different for the people of different age groups and considering the age the senior citizens require a bit more financial attention.
So, the banks have developed special schemes for senior citizens that can prove useful to them and can serve the purpose and hence more and more senior citizens are availing this facility.
No comments:
Post a Comment