Tue, Nov 19, 2024
State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme while the bank gives 6.80 per cent, 6.75 per cent and 6.50 per cent interest rates on 1-year, 3-year and 5-year FDs.
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Mon, Oct 21, 2024
SBI Senior Citizen FD Updated Interest Rates: State Bank of India (SBI) offers its highest interest rate to senior citizens in its 444-day Amrit Vrishti special FD at 7.75 per cent. Senior citizens get the interest rate of 7.30 per cent in 1-year FD, 7.25 per cent in 3-year FD, and 7.50 per cent in the 5-year FD.
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.
Wed, May 01, 2019
There are multiple investment schemes which can help a worker secure his or her retirement, assist in their financial needs, help plan a better future for their children and spouse.
Wed, Apr 17, 2019
In this segment of Money Guru. Know where you can find more returns than Fixed Deposits.
Tue, Apr 09, 2019
Fixed deposit interest rates over the past two years, have been on a roller coaster ride. So, what will move your money? Find out
Thu, Mar 28, 2019
In February 2019 policy, Das along with MPC members decided to cut policy repo rate by 25 basis points to 6.25% from previous 6.50%.
Thu, Mar 21, 2019
Latest Fixed Deposit (FD) rates: Bank FDs have become very attractive. Check what SBI, HDFC Bank, Axis Bank, ICICI Bank, BoB are offering right now.
Tue, Mar 12, 2019
When a bank hikes deposit interest rate, that is to make their investment scheme much attractive than compared to others, so that such funds can be used again to lend borrowers.
Fri, Mar 08, 2019
State Bank of India or SBI has revised Interest rates on FDs in the range of 5.75% to 7.35%
Wed, Feb 06, 2019
The ICICI Bank today launched ‘FD Xtra’, a range of innovative Fixed (FD) / Recurring (RD) deposits with exclusive new benefits like free term life insurance.
Tue, Feb 05, 2019
Notably, the hike in FD rates, comes after Budget 2019, where the interim Finance Minister Piyush Goyal has proposed to hike the TDS limit levied on interest income arising from bank deposit.
Fri, Feb 01, 2019
Currently, for banks, the pressure arises from government’s small savings schemes, which forced the lenders to aggressively hike deposit rates beyond their ability to keep up with the Centre’s investment tools.
Budget 2019: For banks, deposits are seen as an expenditure as they pay interest to customers, on the other hand, lending is their way to earnings as they receive interest from customers.
Wed, Jan 30, 2019
The desire to gain more money turns investments and savings into two most commonly used words for most people, especially the salaried class. Here is how differentiate and decide between two.
Tue, Jan 08, 2019
There are hundreds of fraudulent schemes flourishing in the country that put the investors' money at risk. Here is how to identify them.
Wed, Jan 02, 2019
The new rates on FDs are for those customers who are looking to make deposits below Rs 1 crore on various tenures. And what is notable is that it would be senior citizens who benefit the most from PNB Fixed Deposits.
Fri, Dec 28, 2018
There is one special feature of bank fixed deposits that make them a smart investment option any day.
Mon, Dec 24, 2018
Investments are good. They have the potential to make you rich! With so many instruments available in the market, it is not easy to decide which financial tool is the best.
Sun, Nov 18, 2018
SBI child savings account benefits: Want to make your child financially wise and wealthier in future? It's time you introduce him/her to the banking system. This will not only help inculcate a saving habit in the child, but also help them generate some wealth as they grow and use them for purposes like education.
Wed, Nov 14, 2018
Fixed deposits are the safest traditional form of investment in India. You must have been motivated by an elder to invest in FD schemes rather than taking risks with markets.
Sun, Nov 11, 2018
A large number of investors are hesitant to put their money in the equity market due to uncertainties in the finance sector. They look for safer investment avenues that offer assured income sans market risks. Fixed Deposit (FD) is arguably one of the safest investment options.
Thu, Nov 01, 2018
If you want a number of benefits while making an investment, then tax-free bonds are the best option for you.
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