Paragraph match score 81.5%
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Types of Recurring Deposit
RD for Senior Citizens: Senior Citizens get an additional interest rate of 0.25% to 0.75% over and above the regular interest rate offered by the bank.
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Types of Recurring Deposits in India
Senior Citizen RD (Higher interest rates): If you are a senior citizen, you can enjoy the benefits of higher interest rates on Recurring Deposit accounts. It allows you to earn better returns on your savings.