The post lists down the rate of interest on Bank fixed deposits as of April 1, 2019. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: The good news is banks have raised their fixed deposit interest rates […] Continue reading →
The post lists down the rate of interest on Bank fixed deposits for Senior Citizens as of December 1, 2018. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: Most banks offer FDs for tenure of 7 Days […] Continue reading →
I had written about 50 Best Fixed Deposit Schemes for General Public and I got request to publish a similar list for Senior Citizens. Historically banks used to give at least 0.5% more interest to senior citizens. But things are changing now. Recently State Bank of India (SBI) and Punjab National Bank (PNB) have revised their […] Continue reading →
With Budget 2013, there is speculation that Reserve Bank of India (RBI) would reduce interest rates going forward. This might decrease your EMI burden but would negatively impact people who invest in Fixed Deposits. We have already seen the interest rates on Tax Free Bonds have already come down. I was also expecting fall in […] Continue reading → With rates cut announced by Reserve Bank of India (RBI) yesterday, its good idea to lock investments in long term bank fixed deposit schemes. The table below shows the best bank fixed deposit rates for tenure of 5 years or more and the maturity amount for Rs 1 Lakh for General Public. Senior citizens can […] Continue reading → There is speculation that RBI in next monetary policy review next week is going to reduce interest rates. On one side it would decrease your EMI burden while on the other side it would also reduce interest rates on Fixed Deposits. So it might be good idea to invest in Fixed Deposits before rates go […] Continue reading →
Tax Saving Fixed Deposit under Section 80C of Income tax is a popular and safe instrument for Tax saving. You can invest maximum of Rs. 1 Lacs in the same. Below is the list of banks and their respective interest rates offer for general and senior citizens for their Tax Saving FDs. The best Tax […] Continue reading → Below is the list of top banks Term Deposit or fixed deposit (FD) rates for tenure of 6 Months – 1 Year, 1 – 2 Years, 2 – 3 Years, 3 – 5 Years and more than 5 years as of August 3, 2012. The best fixed deposit rates for 6 months to less than […] Continue reading → Below is the list of top banks Term Deposit or fixed deposit (FD) rates for tenure of 6 Months – 1 Year, 1 – 2 Years, 2 – 3 Years, 3 – 5 Years and more than 5 years. The best fixed deposit rates for 6 months to less than a year is offered by Corporation Bank at 9.75% […] Continue reading →