7.9% 400 days senior citizens Fed Bank

123°
Deal Cadet
N27

Fed Bank is giving above mentioned rates in my city without opening account. Is that lucrative or other are offering more interest. 

Kindly suggest 

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Deal Newbie Deal Newbie
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What is a review or any idea about the Stable Money platform, for FD investment, I use it but ask for SMS permission every time.

Is it safe? 

Benevolent Benevolent
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Bandhan offers 8.35% for senior citizen for 500 days

Critic Critic
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federal is notorious for freezing accounts. check the news

Deal Subedar Deal Subedar
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It is, if you are OK dealing with fed bank. Even major banks offer more than 7.5% for senior citizens. Why not choose them ? 0.4% is not worth dealing with these players. Premature charges should be considered as well.

Equitas small finance bank gives 8.5% for 444 days, for senior citizens it should be 9%, I think.

Utkarsh offers 8.5% for 2 years, for seniors it should be 9% as well.

That is, if you don't mind investing with small finance banks.

Otherwise just go with the major four, sbi, hdfc, icici and kotak. Au is also OK I guess.

Deal Cadet Deal Cadet
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Are this small finance bank good? Nd sbi was giving 8.2% on scss... Dont know if it is same or gone down

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Critic Critic
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Thank you not willing to open yet another bank account for this

Specialist Specialist
Moderator
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he said no a/c required
if with a/c this debit card has lot of offers on bigbasket, amazon ,swiggy
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