Mon, Oct 21, 2024
A fixed deposit is a safe way to lock your money in secure hands for a set period, earning guaranteed interest, often higher than savings accounts with no market risks. Thus, check out 7 different types of FD in banking to wisely invest in it.
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Wed, Oct 16, 2024
Check out the latest interest rates that banks such as State Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, HDFC Bank, ICICI Bank, are offering to general citizens in their 1-year, 3-year, and 5-year fixed deposit schemes (FDs). Investments in the 5-year FD offers tax benefits under Section 80C of the Income Tax Act, 1961.
Tue, Oct 15, 2024
SBI's FD schemes offer flexible tenures, starting from 7 days to 10 years, with special interest rates for senior citizens, including an additional premium through the SBI Wecare Deposit Scheme.
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.
Wed, Sep 19, 2018
The amount of life insurance you need depends mainly on your lifestyle and financial liabilities. In general, your life cover should be enough to pay off any loan and provide money for family to maintain the same lifestyle.
Tue, Nov 21, 2017
If you are planning to claim tax benefits, start investing in the first quarter of a financial year so that you can spread your investments over the years.
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