India’s largest bank State Bank of India (SBI) has reduced its NRE/NRO, Senior Citizen, Domestic Term Deposit Rates from April 24, 2012. Below are the revised rates. Premature withdrawal of SBI Term Deposits: Domestic Term and NRO Deposits should remain for a minimum period of 7 days and NRE Deposits should remain for a minimum period […]
SBI NRE/NRO, Senior Citizen, Domestic Term Deposit Rates – April 2012 Read More »
SBI (State Bank of India) recently advertised its rates for NRE Term Deposit Rates in leading newspapers. The advantage of NRE Term deposit is that the interest paid is tax free in India and both principal and interest is fully Repatriable. The interest rate is 9.25% across tenures. The other thing to note is No
Fixed deposits are considered to be one of the most simple investments – easy to understand and not may complicated terms and conditions. But as all other investment products have increased in complexity with time, so have fixed deposits. There are few terms which you should know and this will help you to calculate your
Fixed Deposits: Power of Compounding, Interest Rate Frequency and Yield Read More »
We have always been told that stocks always outperform fixed deposits in the long run. But is this always true? Lets do some analysis. Below is the graph showing annual returns for Sensex and Fixed Deposits (for 1-3 years tenure) from year 1991 to 2011. As you can see in 21 years period Sensex has
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. [button link=”https://www.apnaplan.com/highest-interest-rate-on-bank-fixed-deposits-fd/” size=”large” style=”tick” color=”green” text=”light”]Click for Best Interest Rate on FDs for General public [/button] [button link=”https://www.apnaplan.com/highest-tax-saving-bank-fixed-deposit-rates-us-80c/” size=”large” style=”tick”
