The main goal of a senior citizen savings account is to give elderly persons financial stability. The Senior Citizen savings account pays greater interest rates and has no minimum balance. Pension funds can be connected to these types of accounts.
The following is a list of the best banks that provide a Senior Citizen savings account.
|Name of Bank||Name of Savings Account|
|Axis Bank||Jubilee Plus Account (Senior Citizens)|
|Canara Bank||Canara Jeevandhara|
|HDFC Bank||Senior Citizens Account|
|ICICI Bank||Life Plus Senior Citizens Savings Account|
|Induslnd Bank||Indus Senior Savings Account|
|Kotak Bank||Grand- The Savings Programme for the 55+|
|State Bank of India||Senior Citizens Saving Scheme|
|Yes Bank||Yes Respect Savings Account|