Below are the features, interest rates, maturity amount along with other details for SBI Recurring deposit. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available The minimum amount of monthly installment shall be Rs 100. The amount of installment and number of installment can not be changed after opening of […] Continue reading →
The post lists down the rate of interest on Bank fixed deposits as of January 8, 2020. 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 big banks like SBI, HDFC, Axis, have lowered their FD rates. […] Continue reading →
The post lists down the rate of interest on Bank fixed deposits for Senior Citizens as of June 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: Most banks offer FDs for tenure of 7 Days to […] Continue reading →
It’s March 8, the international women day and the newspapers are splashed with various offers especially applicable for women! Banks and other financial institutions are not behind and have lined up offers and products just for women. You would be hard pitched to invest or buy those products but should you? We take a look into […] Continue reading →
SBI (State Bank of India), India’s largest bank has cut the interest rate offered on Savings bank Account form 4% to 3.5% for deposits below Rs 1 crore effective July 31, 2017. For account balance above Rs 1 crore the interest rate is still 4%. SBI said the move was prompted by decline in the […] Continue reading →
CIF or Customer Identification File is a virtual file with the bank which contains all details of a customer including valid photo id, address details, etc. In simple terms CIF Number is your customer number with the bank and all your accounts are linked to the same CIF number. SBI CIF Number: Different banks have […] Continue reading →
I guess the heading might be confusing for people as most think that home loans are offered only by banks. But the fact is Home Loans are offered by Banks and HFCs (Housing Finance companies). In this post we compare the both and investigate which one HFC or banks are better option for home loans? […] Continue reading →
In this post we cover the major Personal Finance news that happened in the week of July 14 – 20, 2014. The one in quotes are our views SBI cuts Interest Rates on Short Term Deposits: Effective July 18, 2014 SBI (State Bank of India) would cut its term deposit rates to 7% from 7.5% for […] Continue reading →
As the last week of FY 2012-13 was short due to Holi and Good Friday, the banks which are authorized to collect taxes would be open for business on March 29, 30 and 31 – 2013. The banks would be open for their regular business timing of March 29 and 30 and till midnight of March […] Continue reading →