I would like to put a RD for short term (maximum for a year) in my mom's name who is a senior citizen. I would like to know which bank or NBFC gives the highest interest rates for the same and how I can open an RD with them.
I have accounts in IndusInd, PNB, Union Bank, AU SFB, IDFC & Federal Bank however I am planning to open this in my mom's name and she has account only in IOB & Federal Bank