Bank FD

Misleading Advertisement by Banks on FD: interest rate VS yield?

Interest rates quoted by banks are compound interest while annual yield is equivalent to simple interest. Understand the concept of…

May 8, 2019

Interest on PPF, NSC, Post Office Deposits cut by 0.1% from April 2013

The Interest Rates on Small Saving Schemes like PPF (Public Provident Fund), SCSS (Senior Citizens Saving Scheme), NSC (National Saving Certificate),…

March 29, 2013

50 Best Fixed Deposit Rates for Senior Citizens – March 2013

I had written about 50 Best Fixed Deposit Schemes for General Public and I got request to publish a similar list…

March 5, 2013

50 Best Bank Fixed Deposit Schemes – March 2013

With Budget 2013, there is speculation that Reserve Bank of India (RBI) would reduce interest rates going forward. This might…

March 5, 2013

SBI revises Tax Saving Fixed Deposit Rate to 8.75%

State bank of India (SBI) has revised the interest rate on its Tax Saving Fixed Deposit Scheme to 8.75% for…

March 5, 2013

SBI NRE/NRO, Senior Citizen Fixed Deposit Rates – March 2013

State Bank of India (SBI) had increased its fixed deposit rates by 0.25% on certain maturities from March 1, 2013.…

March 3, 2013

Best Long Term Bank Fixed Deposit Rates – Jan 2013

With rates cut announced by Reserve Bank of India (RBI) yesterday, its good idea to lock investments in long term…

January 30, 2013

50 Best Bank Fixed Deposit Schemes – Jan 2013

There is speculation that RBI in next monetary policy review next week is going to reduce interest rates. On one…

January 19, 2013

Can Tax Saving Fixed Deposit be done Online in SBI?

After I published the Best Tax Saving Fixed Deposit Options, I got several queries regarding if this Tax Saving fixed…

December 19, 2012

Top Tax Saving Fixed Deposit Schemes

Tax Saving Fixed Deposit under Section 80C of Income tax is a popular and safe instrument for Tax saving. You…

December 18, 2012
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