Tue, Dec 03, 2024
State Bank of India’s Amrit Vrishti is a 444-day fixed deposit (FD) scheme launched on July 15, 2024. Among all SBI FDs, this scheme offers the highest interest rate to senior citizens. On the other hand, Bank of India's 400-day fixed deposit (FD) scheme offers highest rate to senior citizens than other banks FDs. Here, we will find out the maturity amounts of Rs 4 lakh and Rs 8 lakh investments in fixed deposits for general and senior citizens.
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Mon, Sep 18, 2023
Most banks in India offer fixed deposit schemes with varied durations and interest rates. FDs should be a good choice if you are looking for a secured return on investment at a predetermined interest rate.
Sat, Sep 16, 2023
Tax-saving Fixed Deposits are your saviour if you want to earn guaranteed returns and save taxes as well. These FDs have a higher lock-in period compared to short-term fixed deposits.
Wed, Feb 15, 2023
India's largest public sector lender, State Bank of India (SBI) has hiked interest rates by 5 bps to 25 bps on fixed deposits below ₹2 crore with effect from February 15.
Tue, Jun 28, 2022
As per an official statement, customers can now avail 7% interest p.a. on FDs for 888 days, which brings the annual yield to 7.19%.
Wed, Feb 21, 2018
Sapna Mishra had been waiting to sell her flat in a suburb in Mumbai for more than seven years now. She was waiting for the right price and refused to sell at a lower price.
Thu, Feb 08, 2018
By Rishabh Parakh
Thu, Jan 11, 2018
A fixed deposit (FD) is a financial instrument provided by banks or other financial institutions, which provides investors a fixed rate of interest along with a maturity date.
Tue, Dec 12, 2017
ELSS have the shortest lock-in period of three years, compared to other instruments with minimum five years for bank FDs, 15 years for PPFs and for the life of the policy for insurance products.
Fri, Dec 08, 2017
FRDI Bill i.e. Financial Resolution and Deposit Insurance Bill 2017 aims to focus on finding a resolution in case of a rare event of a failure of any financial service provider like banks, insurance companies or a non-banking financial companies etc. At present the bill is pending with the standing committee and have not been enacted as a law.
Thu, Oct 19, 2017
We also do Laxmi Pooja to seek the blessings of the goddess of wealth for prosperity all around. But do all these things have any connection with your financial planning?
Sun, Aug 13, 2017
With the rates of fixed deposits falling, should you still invest in it? There are various financial instruments which are safe like FDs and can give returns of over 7%.
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