Sat, Oct 26, 2024
Are you considering investing your money in 5-year fixed deposits? If so, be sure to compare the interest rates for regular customers and senior citizens at leading banks such as SBI, PNB, HDFC Bank, ICICI Bank, and the Post Office, so you can make an informed investment choice.
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Sun, Oct 06, 2024
FD Rates: Fixed deposits or FDs are one of the favourite investment options as they are a low-risk investment option. It can be a good choice for a variety of goals. Here are some banks that revised their fixed deposit interest rates or FD interest rates in October 2024.
Sun, Sep 29, 2024
The debate on loan-to-deposit ratio imbalance and its potential risks to financial stability has been raised by even the finance minister and the RBI governor recently.
Fri, Sep 27, 2024
FD Interest Rates: Due to security and guaranteed returns, many investors choose fixed deposit (FD) schemes in their portfolios. One can choose FDs for different tenures from both banks and post offices.
Fri, Sep 20, 2024
Know the best interest rates for tax-saving 5-year fixed deposits offered by major banks like SBI, PNB, HDFC Bank, ICICI Bank, and the Post Office. Also, discover how these secure investment options can provide tax benefits while ensuring guaranteed returns. Compare rates for general customers and senior citizens to make clearer investment decisions.
Tue, Sep 03, 2024
Star Dhan Vriddhi: Bank of India has recently revised its fixed deposit (FD) rates for deposits under Rs 3 crore. As part of this update, the bank has introduced a new special FD scheme called Star Dhan Vriddhi, offering higher interest rates. Here's all you need to know about this new FD scheme:
Thu, Aug 29, 2024
NSC vs Post office FD vs SBI, HDFC Bank, and other bank FDs: If you're an investor who prefers schemes with guaranteed returns, there's an attractive option that not only saves your income tax but also offers significantly higher interest rates than the tax-saving FDs of major banks like PNB and SBI. Know about this scheme here-
Tue, Aug 06, 2024
At the end of the deposit period, interest is calculated on the principal amount, and the total sum is returned to the depositor. Fixed deposit tenures can vary from 7 days to 10 years. In the following section, we highlight the banks that currently offer attractive interest rates.
Wed, Jul 10, 2024
At the end of the tenure, the accrued interest is calculated on the principal amount, and the total amount is paid back to the depositor. The tenure for fixed deposits can range from 7 days to 10 years. Below are some of the banks currently offering the highest interest rates on fixed deposits in India:
Wed, Jul 03, 2024
FDs provide income certainty and capital protection, making them especially appealing to new and conservative investors. These features also make FDs an ideal choice for achieving short-term financial goals and managing emergency and post-retirement funds. Here are some of the highest interest rates currently offered by SBI, PNB, Bank of Baroda, Canara, HFDC bank, ICICI bank and Axis bank.
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.
PSU Bank FD Interest Rates for Senior Citizens: Most commercial banks in India offer higher fixed deposit returns to customers aged 60 and above compared to younger depositors. As of July 1, State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB) provide interest rates ranging from 4 per cent to 7.75 per cent per annum on term deposits up to Rs 3 crore for senior citizens, which are typically 50 basis points (bps) higher than rates for depositors under 60. These banks offer varying lock-in periods for these fixed deposits, ranging from seven days to 10 years, as per their respective websites.
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 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.
Mon, Mar 13, 2023
Special FDs: As the Reserve Bank of India (RBI) has reeatedly hiked the repo rate, various public and private sector banks have increased the interest rate on fixed deposits (FD) as well.
Tue, Feb 28, 2023
Fixed Deposits (FD) are popular investment options in India, thanks to the guaranteed returns banks, post office and NBFCs offer. After the Reserve Bank of India hiked the benchmark lending rate to 6.50 per cent in the recent MPC meeting, several banks have increased their FD rates.
Fri, Feb 24, 2023
ICICI Bank FD rates 2023: Many banks have hiked the Fixed Deposit (FD) interest rates after the Reserve Bank of India (RBI) hiked the repo rate to 6.50 per cent. Private sector lender ICICI Bank has also revised the deposit interest rate effective from today, February 24.
Wed, Feb 15, 2023
IDBI Bank FD Interest Rate 2023: The bank is now offering 7.25 per cent for the general public and 8 per cent for senior citizens on special deposits with a 700-day term.
Wed, Feb 08, 2023
ICICI Bank FD interest rate hike: The new interest rate is for FDs of more than Rs 2 crores and less than Rs 5 crores
Wed, Dec 14, 2022
HDFC Bank FD Interest Rate: HDFC Bank has hiked FD (fixed deposit) interest rates on fixed deposits of less than Rs 2 crore.
Tue, Nov 22, 2022
New Fixed Deposit Rates: For a tenure of 44 months, depositors above 60 years of age can enjoy avail the FD interest rate of upto 7.95 per cent p.a. while non-senior citizens can earn up to 7.70 per cent p.a.
Wed, Oct 12, 2022
HDFC Bank FD interest rate: The raised interest rates are effective from October 11,2022, the lender's official website read.
Wed, Jun 15, 2022
many commercial bank increased fixed deposit rate for their customers after reserve bank of india increase repo rate recently. in this video here you know how much increase their fd rates
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