Tue, Jul 02, 2024
Punjab and Sindh Bank has revised its FD rates for deposits up to Rs 3 crore. Senior citizens can now earn the highest FD rate of 7.8 percent for a tenure of 666 days, while other depositors are offered a maximum interest rate of 7.3 percent for the same term. Check the revised FD rates for BOI, Punjab and Sindh, Axis, Ujjivan Small Finance, ICICI Bank.
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Wed, Jun 26, 2024
SBI FD interest rate calculator: FD is the safest and easiest option to park your money. You can also invest for a flexible tenure and also get assured returns. Moreover, you can also get loans against your FD. Some FDs also offer tax benefits. Senior citizens and super senior citizens get more interest in most of the FDs.
Tue, Jun 25, 2024
FDs offer higher interest rates compared to regular savings accounts, making them particularly attractive to individuals looking to grow their savings with minimal risk. However, they often come with restrictions on withdrawals during the deposit period, which may incur penalties.
Tue, Jun 11, 2024
PSU banks hope that the three-year lock-in period of tax saving FDs may be attractive to investors. Public sector banks are worried as last year (FY24), their credit growth was higher than their deposit growth. As per the income tax rules, only 5-year FD falls in the category of tax exemption under Section 80C of the Income Tax Act.
Tue, May 09, 2023
FD interest rate 2023: Many leading banks such as ICICI Bank, and HDFC Bank offer attractive FD rates but today small finance banks are giving higher interest on FD than these leading banks.
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.
Fri, Feb 17, 2023
SBI Amrit Kalash: Deposits under the scheme by senior citizens will attract an interest rate of 7.6 per cent while others will get 7.1 per cent return.
Tue, Feb 14, 2023
Vijai Mantri, Co-Founder and Chief Investment Strategist at JRL Money, talked about how debt instruments can help beat inflation and generate better returns as compared to fixed deposits.
Tue, Jan 31, 2023
FD interest rate: Currently, Axis Bank, PNB, IDFC First Bank and DCB Bank are among the few banks that offer over 8% interest to senior citizens.
Mon, Nov 07, 2022
It is important to note that investments like bank FDs, RDs and others have zero risk. But can investments in FDs and RDs help you beat inflation?
Thu, Sep 08, 2022
RBI FD Rules 2022: RBI has changed the interest rate for overdue fixed deposits. FDs will now earn less interest if left unclaimed after maturity.
Thu, Jun 10, 2021
Fixed Deposit (FD) is a traditional and reliable investment option in India. Even today most people prefer investing money in Bank FD. One of the specialties of FD is that in this, customers get the option of deposits from 7 days to 10 years. This means you can park your money in a safe place for as long as you want and get a guaranteed return.
Thu, Jan 16, 2020
The State Bank of India or SBI FD interest rates for the long-term have been slashed by 15 bps and it has become effective from 10th January 2020.
Tue, Dec 24, 2019
SBI Fixed Deposit interest rates range from 4.5 per cent to 6.25 per cent while Post Office FD interest rates range from 6.90 per cent to 7.70 per cent.
Bank Fixed Deposit is one of the best hedging tools that balance your investment portfolio. That's why a Fixed Deposit is a sign of a healthy investment portfolio.
Mon, Dec 23, 2019
Senior Citizen Saving Schemes are a hundred per cent risk-free and one can get an assured 8.6 per cent return in this investment tool, say experts.
Sun, Dec 15, 2019
Senior Citizen Saving Scheme: After retirement, generally people have little option for earnings and hence their investment becomes one of the most important factors post-retirement.
Mon, Dec 09, 2019
Bank FD or fixed deposit is the most suitable investment option for senior citizens as they don't want to take any kind of investment risk at this stage of their life.
Mon, Nov 25, 2019
Ranging from 8 per cent to whopping 9 per cent, Bank Fixed Deposit or bank FD returns are giving better returns than debt mutual fund schemes.
Mon, Nov 11, 2019
Customary retirement schemes like Public Provident Fund or PPF, debt-mutual funds and bank fixed deposit or bank FD yield a lesser amount of money than this scheme.
Thu, Oct 10, 2019
With RBI's monetary policy announcement, bank interest rates have come down below the 7 per cent mark. The State Bank of India (SBI) has also reduced interest rates on Fixed Deposits (FDs), extending a maximum of 6.4 per cent.
Tue, Jul 30, 2019
Financial freedom is not something that will happen overnight, but it is possible. Even if you currently think it won’t happen, it definitely can.
Fri, Jul 26, 2019
Senior Citizen Saving Schemes are hundred per cent risk-free and one can get an assured 8.6 per cent return in this investment.
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