Zakat And The Retired Elderly

My question is about eligibility of Zakat at old age when there is no source of income for retired person. For example my uncle has given Zakat his whole life regularly and completely. Now he is 75. He sold his spare home and then submitted the money in Islamic bank finance scheme fixed deposit account, from where he gets monthly interest. This helps him to run his daily expenses. He does not have any pension and no other adequate resources of income. He has his own home as his only property. Certainly, he is now fairly elderly and struggles in managing his needs, with the income from the bank being his only help. He has two dependants as well. The confusion is because he still has an amount fixed in his bank account but this is for purpose of monthly income as he can’t have any other source. If he pays Zakat from the profit he gets from bank then he shall struggle a lot to pay all his monthly expenses. My question is that does he still have to give Zakat. And if he has to then how will it be calculated. If you have any references from Quran or Hadith please do let me know.

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