India, April 23 -- For senior citizens in India, securing a safe and predictable investment is essential for a peaceful retirement. Among the available options, Post Office Fixed Deposits (FDs)-also known as Post Office Time Deposits (POTDs)-are often considered a dependable choice. They offer government-backed assurance, reasonable interest rates, and a simple investment process.

However, while Post Office FDs are popular, they are not the only fixed-income product available. Options like Bajaj Finance Fixed Deposit provide even more competitive returns, especially for senior citizens, and are worth exploring if you're looking to make the most of your savings.

As of April 2025, Post Office FD rates are the same for all investors-there ...