Along with traditional gifts such as sweets and dry fruits, this Diwali gift your parents something that will add value to their life and ensure their wellbeing as well. One way of doing this is focussing on gifts that will improve their physical and financial health.

You can consider financial gifts like a Senior Citizen FD Scheme or Senior Citizens Savings Scheme. In addition to a Senior Citizen FD Scheme, you can also gift them membership to a yoga class to encourage physical activity. These out-of-the box gifts will surely surprise and thrill them in equal measure, so take a look at what your options are.

Senior Citizen FD Scheme

Fixed deposits are reliable, hassle-free investments that your parents are sure to be familiar with. Besides, they offer senior citizens better returns making them apt for your parents. By gifting your parents a Senior Citizen FD Scheme, you can add to their financial security in their retirement years.

Also, when you invest with an NBFC, you can get higher returns for senior citizens. Bajaj Finance Fixed Deposit offers safety, stability and high FD interest rate of up to 8.75% for regular investors who choose a cumulative FD for at least 36 months. For senior citizens, the benefit is higher at 9.10%. In addition, you get extra interest when you renew the FD, a tenor of your choice and a minimum investment amount of just Rs.25,000.

You can also invest in a non-cumulative FD to supplement your parents’ income at regular intervals, by choosing monthly, quarterly, semi-annual or annual payouts. Before you invest, you can use the FD calculator to calculate the exact amount that your parents will receive upon maturity.

Safety and fitness monitoring band

A safety and fitness monitoring band is smart device that tracks fitness, monitors sleep and issues an alert if the wearer falls. This makes it a perfect gift for your parents. You not only encourage them to stay fit and healthy but you can also track their safety.

This band has an integrated alert system that tracks any crash or fall and sends an audible alert to registered emergency contacts via an iOS or Android app. In case of emergencies they can use the emergency button and send alerts with just a tap.

Travel package

You should also consider gifting your parents a travel package this Diwali so that they can rejuvenate and relax. You can book a stay in a houseboat that cruises through the backwaters of Alleppey or gift them a luxury stay in one of the havelis in Udaipur.

You may also consider a home-stay or farm-stay in Coonoor surrounded by refreshing green meadows and orchards. Before you seal the deal, make sure you book a travel package after looking into the safety and comfort aspects of the tour, keeping your parents’ age and interests in mind.

Surprise your parents with these unique, special gifts this Diwali and give the typical ones a miss. By choosing these thoughtful options you can show your parents just how much you care about them.