Senior Citizen Savings Scheme or Bank FD, where to invest, the elderly will get more interest

SCSS vs FD Scheme: The government has increased the interest rates from 8 per cent to 8.20 per cent for the first quarter of the financial year 2023-24 i.e. from April to June. After this increase, now the question is arising in the minds of senior citizens that where to invest in SCSS and bank’s FD scheme is more beneficial.