₹50 lakh FD for 5 years: How much more can your senior citizen father earn than you in small finance bank? Check returns

A ₹50 lakh fixed deposit for five years could earn a senior citizen around ₹1.09 lakh more than a regular depositor at Suryoday Small Finance Bank's cited rates. This is due to the higher interest rates offered to senior citizens. However, it's important to consider taxation, deposit insurance, and other investment options before making a decision.