Page 2 - Latest Updates on Fixed Deposit
DCB Bank cuts FD interest rates; now offers 8% for deposits below Rs 3 Cr
The bank now offers interest rates between 4.25 per cent and 8.50 per cent on FD amounts below Rs 3 crore for senior citizens for tenures ranging from 7 days to 10 years
 "DCB Bank cuts FD interest rates; now offers 8% for deposits below Rs 3 Cr")
ESFs: Ideal for investors seeking FD-plus returns, low volatility
As of January 31, 2025, ESFs managed assets worth ₹42,161 crore, according to the Association of Mutual Funds in India
 "ESFs: Ideal for investors seeking FD-plus returns, low volatility")
Fixed deposit in Feb: IndusInd, Ujjivan SFB & 5 other banks cut/hike rates
Stock market crash has renewed focus on fixed deposits, which remain a preferred investment option
 "Fixed deposit in Feb: IndusInd, Ujjivan SFB & 5 other banks cut/hike rates")
What are the best fixed deposit rates in the market for you?
If you want a low-risk investment strategy, fixed deposits may be the way to go for you. But remember, the returns will also be commensurately lower
 "What are the best fixed deposit rates in the market for you?")
Public vs private banks: Who offers best FD rates for senior citizens?
In terms of interest rates, small finance banks and private sector banks tend to offer higher rates compared to their public sector counterparts
 "Public vs private banks: Who offers best FD rates for senior citizens?")
Best FD rates February 2025: 10 private banks offer 7.5%+ interest
Stock market fluctuations are common, but FDs offer stability, particularly in times of volatility
 "Best FD rates February 2025: 10 private banks offer 7.5%+ interest")
A Beginner's Guide to Fixed Deposits in India
This instrument allows you to earn interest on your idle funds for a set period of time.
Shivalik Small Finance Bank cuts FD interest rates to 9.05% from 9.30%
Lender cuts rates by 25 bps, lowering the highest rate to 9.05% from 9.30% for senior citizens on tenures ranging from 12 months and 1 day to less than 18 months
Arbitrage funds beat bank FDs with higher returns amid market volatility
Amid continuous market volatility, arbitrage funds have surpassed public bank fixed deposits (FDs) in terms of one-year returns
 "Arbitrage funds beat bank FDs with higher returns amid market volatility")
Axis Bank customers can now open an FD through UPI from non-Axis accounts
Axis Bank customers can open Fixed Deposits (FDs) with its mobile application, using funds from their non-Axis Bank accounts via UPI and Net Banking payment options.
 "Axis Bank customers can now open an FD through UPI from non-Axis accounts")
Earn 8% or more: Lock in your FDs before banks start cutting interest rates
With banks likely to adjust their rates downward, fixed deposit returns could shrink in the coming months
Fixed deposit rates may fall after RBI cut - what investors can do now
With interest rates likely to decline further, FD investors may need to rethink their approach
Shivalik Small Finance Bank offers 9.30% interest to senior citizens on FD
Lender offers interest rate of 8.80% on fixed deposits for general citizens and 9.30% on FDs for senior citizens on select tenures
Axis Bank increases interest rates for fixed deposits, offers up to 7.75%
Lender offers 3.5% to 7.75% for senior citizens for tenures ranging seven days to 10 years for amounts less than Rs 3 crore
Top FD rates in 22 private & public banks for short, long-term investments
Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 months
 "Top FD rates in 22 private & public banks for short, long-term investments")
Fixed deposits: Budget 2025 tax incentives may impact interest rates
Fixed deposits (FDs) remain one of the most popular investment options for Indians
 "Fixed deposits: Budget 2025 tax incentives may impact interest rates")
Budget 2025: Experts urge govt to rethink FD tax rules for investors
Many investors are contemplating whether to prioritise safer investment options like fixed deposits (FDs)
IDBI Bank unveils Chiranjeevi Super Senior Citizen FD, offers 8.5% interest
This scheme offers an additional 65 basis points (bps) over the bank's standard fixed deposit rates and 15 basis points (bps) over the senior citizen rates
 "IDBI Bank unveils Chiranjeevi Super Senior Citizen FD, offers 8.5% interest")
HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%
The bank offers fixed deposits (FDs) with tenures ranging from 7 days to 10 years, featuring annual interest rates between 3 per cent and 7.90 per cent
 "HDFC Bank hikes fixed deposit rates to 7.9% from 7.75%")
Top FD rates in January, 2025: 10 banks offering 8% or more interest
Among the options, Unity Small Finance Bank and North East Small Finance Bank provide the highest rates, offering up to 9% for select tenures
