Thu, Dec 19, 2024
SCSS vs FD: Both SCSS and FD schemes provide guaranteed returns. They are safe and provide tax-saving benefits.
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Fri, Dec 13, 2024
For retail term deposits above Rs 5 lakh but below Rs 3 crore, the penalty for premature withdrawal is 1 per cent for all tenors.
Fri, Dec 06, 2024
Latest SBI Senior Citizen FD Rates: Under Section 80C of the Income Tax Act, one can take the benefits of up to Rs 1.5 lakh annually on tax-saving FDs.
Wed, Aug 21, 2024
Top FD interest rates for general citizens: Investors who don't want to take market risk and need a fixed income opt for FD. Investors who want to diversify their investments between market-linked and non-market-linked options also opt for FDs. Investment in a 5-year FD provides tax benefits under Section 80C of the Income Tax Act, 1961.
Fri, Aug 16, 2024
SBI Senior Citizen FD Interest Rates: State Bank of India (SBI) runs a lot of fixed deposit (FD) schemes for senior citizens, the most prominent of which are Amrit Kalash, 1-year, 3-year, and 5-year FDs. If one invests in the 5-year SBI senior citizen FD, they can get up to Rs 1.50 lakh tax benefits under Section 80C of the Income Tax Act, 1961.
Tue, Aug 13, 2024
SBI gives 7.5 per cent interest to senior citizens on a five-year FD.
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