Fri, Sep 27, 2024
Break FD vs Loan Against FD: If you want funds after investing in FD? In this situation, you have two options – either you break the fixed deposit or take a loan against it. But which option is best for you?
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Wed, Sep 25, 2024
Know Your FD Rate: State Bank of India (SBI) offers a wide array of limited-period fixed deposit (FD) schemes with special interest rates. One such scheme is the ‘SBI We-care’ FD, which currently provides annual returns of 7.5 per cent for senior citizens, according to the PSU bank's website, sbi.co.in. In April 2024, SBI—which offers FD tenures ranging from 7 days to 10 years—extended the deadline to open a We-care FD account to September 30. Read on to learn more about this special FD scheme, SBI We-care, with examples.
Fri, Jun 21, 2024
Risk in Fixed Deposit (FDs)! Investors invest in fixed deposits (FDs) as it's a guaranteed return scheme. But is there really no risk in money deposited in FDs? Is all the money safe? Actually, it is not so. There are some risks in bank FDs as well. Know the answers from an expert!
Tue, Jun 18, 2024
Did you know that designated post offices offer a diverse range of Time Deposit (fixed deposit (FD) and recurring deposit (RD) schemes today? Discover the competitive interest rates offered by these schemes, along with their investment terms and conditions, and gain insights into how these post office deposits provide a secure and reliable investment option for individuals seeking stable returns.
Wed, Mar 27, 2024
The interest earned as part of the Tax Savings FD is taxable and deducted at the source. But the interest is taxable only if it is more than Rs 40,000 on an FD in a financial year. For senior citizens, this limit is Rs 50,000.
Mon, Sep 04, 2023
Both Bank FDs and Corporate FDs are great investment options. The choice between the two depends on one's financial goals and risk tolerance.
Fri, Aug 18, 2023
Both Post Office and bank FDs offer income tax benefits u/s 80C. Here’s a comparison between benefits and returns on Post Office and bank FDs. You should also consider a few factors like tenure and interest rates while deciding between the two.
Fri, Apr 28, 2023
Do you leave your emergency fund or surplus cash parked in savings account? Then you're actually losing money due to inflation and losing out on extra interest that you could earn by investing in liquid funds that also offer flexibility that FDs don't. Find out all this in our video.
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