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 […]
State Bank of India (SBI) has come out with its advertisement on Recurring Deposit showing its interest rates, maturity value of Rs 1,000 invested and more. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available Loan against security of the balance in the Recurring Deposit accounts available to the extent of 90%
India’s largest bank State Bank of India (SBI) has reduced its NRE/NRO, Senior Citizen, Domestic Term Deposit Rates by 0.25% for certain tenures from June 08, 2012. SBI will offer 7% for fixed deposits up to six months as against 7.25%. On seven-to-eight month deposits, rates have been reduced to 7.25% from 7.5%. Long-term rates have been
SBI NRE/NRO, Senior Citizen, Domestic Term Deposit Rates – June 2012 Read More »
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
