Should Opt for no/less maintainance account for Medical Emergency. And on the age of 60 best financial thing is to do FD without any lockin period as longterm investment should be done at this time.
Suggested Banks for Accounts: SBI, BOI, CBI, Union
For FD can be done through the Savings account, but most bank has a lockin period if you want high interest, best is to make in Small Finance and Payments bank (Less than 5Lakh in a Bank)