Senior citizens can manage finances better with a dedicated savings account. A good Indian bank will offer up to 6% interest. It helps to save money for your sunset years. There is also a host of special benefits that are not offered with a regular savings account. This includes free doorstep banking, priority services at branches, recurring deposits and preferential rates on fixed deposits. Save up to 70% on health expenses with the free Indian Health Organization (IHO) Membership. It also gives you unlimited teleconsultation, a free pharmacy voucher worth ₹250 and a one-time free check-up of 61 vitals.

All of these make it a lucrative idea to open a savings account. You do not have to step out of your home. Simply log in to the official website of your bank to get started online.

Senior Citizen Account Opening

Any Indian citizen or a resident of India above 60 …