subject: Floating and Fixed term deposit rates [print this page] In special considerations of their age factor, the banks and financial institutions as well as the government, might offer some exclusive offers to them. These could be a higher Elders term deposit interest rates, tax rebates and exemptions and a number of other soaps. For the banks, the people of old age group are more stable group of investors who are not likely to shift their earnings in a short time frame.
