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.
Fri, Jul 12, 2019
SCSS vs Bank Bond: In SCSS, one can't invest above Rs 15 lakhs while in bank bonds, one can invest up to any level.
Wed, Jul 10, 2019
In Senior Citizen Savings Scheme, an investor can invest through the post office or a bank if he or she has completed 55 years of age.
Tue, Jun 25, 2019
Among many advantages of Sukanya Samridhi Yojana is that, a parent has to make a little investment per month in this scheme, earn hefty interest rates.
Sun, Mar 17, 2019
Salaries keep revising every year, it often becomes really confusing when you get your salary as you wonder about the right investment and spending plan? What are the investment options for different salary brackets?
Tue, Nov 13, 2018
FDs are very beneficial for senior citizens, as they receive slightly higher interest rate than compared to general public.
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