Gifts that scream “Happy Grandparents’ Day”

Your grandparents deserve the best. And there’s no better time to give them that than Grandparents’ Day

Grandparents share an inexplicable bond with their grandchildren. The connection is unique and filled with love and mutual trust. Strong and committed, it sometimes even forces the two parties to do everything for the other.

Grandparents’ Day, which falls on the first Sunday after Labour Day, is the perfect occasion for grandchildren to show their unending love for their grandpas and grandmas. It gets grandchildren thinking about the best Grandparents Day celebration ideas. If you’re one of them, we can help you with some unconventional but worthwhile ideas.

Besides screaming “Happy Grandparents Day,” these ideas also highlight the importance of grandparents in our lives. Check out some things that you can do to celebrate Grandparents’ Day the right way.

Buy them the latest mobile phone

Mobile phones help you stay connected with your loved ones. Buying a phone as a grandparents’ day gift makes sense, as you can talk to your grandparents anytime. There are many new phones available in the market, and you can buy the one that suits your budget. If you like a phone but do not have the money to afford it, you can take out a low-interest personal loan from IDFC FIRST Bank. The eligibility for salaried individuals is 23 years of age, while that for self-employed individuals is 25 years of age.

Help them earn peacefully

Your grandparents might have a savings account, but there’s no certainty that the account earns interest. Take the lead on this Grandparents’ Day and help them with a savings account that earns high interest or introduce them to genuine money earning app.

Open a high-yielding savings account and transfer all their savings into the account. You can also contribute some money towards it as a token of your love towards them. IDFC FIRST Bank’s Senior Citizen Savings Account is an option you can consider. Your grandparents can enjoy up to 5% interest per annum and get access to ₹35 lakhs free personal accident insurance cover.

Gift them the car of their dreams

A car is not an easy investment to make. It takes adequate thinking, planning, and saving. Most of our grandparents never purchased a vehicle for themselves because they were busy providing for their families. Give them back a fraction of what they have given you and the rest of your family with their dream car. If they love a car but cannot afford it, gift it to them. You can get a car loan from IDFC FIRST Bank at low rates of interest.

Invest for them

Investing has changed significantly in the last decade. Many investments tools have gained popularity as they help multiply money with minimal risk. If your grandparents are retired and have significant funds in their savings account, find the best investment vehicle for them. Senior Citizen Savings Scheme account, mutual funds, and Sovereign Gold Bonds are a few investment options you can consider for your grandparents. Helping them invest and grow their money is the best Grandparents’ Day gift you can give them. If you want to know more about investment tools for senior citizens, you can head over to the IDFC FIRST Bank website.

The role of grandparents in our lives is undeniable. They have done things for us we can never repay. These Grandparents’ Day gift ideas are a way to thank them for their love and contribution at every step of our life. While grandparents should be celebrated every day, these celebration ideas will make for a memorable Grandparents’ Day.

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.