This FD Deposit Option Is A Safe Bet For Senior Citizens
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At a time when interest rates are about to reverse and again take a northward journey, this deposit from home financier company HDFC shall still be a safe bet.
HDFC which is a brand in itself has won the trust of 0.6 million depositors and has received AAA ratings from two of the leading rating agencies, Crisil and ICRA. This highest rating has been consistently maintained for 26 years in a row.
The new increased rates on FDs which also point to a rate reversal are applicable from March 30, 2021. Senior citizens shall be eligible for a higher rate by 0.25 percent per annum.
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