As the Indian economy recovers, traditional investors now have the ability to extract value from reliable instruments such as fixed deposit. The recent RBI repo rate hike is among the key factors and has prompted several leading issuers to improve their offerings. One particularly smart option is the Bajaj Finance Fixed Deposit. Investors of all ages now enjoy some of the highest FD rates in the market, with special benefits for senior citizens. This is primarily because a senior citizen FD allows you to get an increased rate, thus ensuring higher returns.