An inoperative account is a savings account which has not been operated for three years. In case the account is a deposit account, the three-year time-limit applies from the date of maturity. The ...

What is Senior Citizen Fixed Deposit? Senior Citizen Fixed Deposits (FDs) are term deposit plans with special interest rates offered to individuals who are over the age of 60. Apart from the ...

India is preparing a new senior citizen policy and amending the Maintenance and Welfare of Parents and Senior Citizens Act 2007 to address the needs of its growing elderly population. Industry experts ...

The presence of senior citizens at slot machines has become a common sight in gaming venues across the country. These gaming ...

Investing your money is a very smart option as it ensures that you earn a fixed income every year. As a senior citizen, you probably have a lot of money saved, which can be put to good use. The age ...

Consequently, for senior citizens contemplating the opening of a fixed deposit in the near future, this may represent a favorable opportunity to take action. Fixed deposits designed for senior ...

State Bank of India (SBI) introduced the ‘SBI Wecare’ Deposit for senior citizens wherein an additional premium of 50 bps (over & above the existing 50 bps on the regular FD rates) will be paid on FD ...

The Senior-care Ageing Growth Engine (SAGE) scheme, launched by the Department of Social Justice and Empowerment, is fostering innovation in elderly welfare by supporting startups focused on ...

In a significant milestone, more than 10 lakh senior citizens aged 70 and above have enrolled for the newly launched Ayushman Vay Vandana Card, enabling them to access free healthcare benefits ...