Page 4 - Fd Rates
IDBI Bank hikes FD rate to 7.85% for 444-day tenure to garner more deposits
With an aim to garner more deposits, IDBI Bank on Tuesday increased its fixed deposit rate to 7.85 per cent for 444-day tenure for a limited period. The bank now offers a peak rate of 7.85 per cent and 7.75 per cent per annum on tenures of 444 days and 375 days, respectively, IDBI Bank said in a statement. This enhancement makes the Utsav Fixed Deposit an even more compelling option for customers seeking higher yields, it said. This offer is valid till September 30, 2024, it said, adding, customers can open an Utsav Fixed Deposit conveniently through the bank's website or mobile banking application or at any branch of the bank. Besides this, IDBI Bank continues to offer competitive rates on other special tenures under the Utsav Fixed Deposit scheme. The 700-day tenure offers a peak rate of 7.70 per cent, while the 300-day tenure provides 7.55 per cent, it said. Both Finance Minister and RBI Governor have expressed concern over slow pace in deposit growth as compared to credit ...
 "IDBI Bank hikes FD rate to 7.85% for 444-day tenure to garner more deposits")
Bandhan Bank revises FD interest rates, offers up to 8.50%
The updated fixed deposit interest rates for retail deposits will be effective from August 7, 2024
 "Bandhan Bank revises FD interest rates, offers up to 8.50%")
FD rates in August for senior citizens: Here's what banks are offering
For those who are uncomfortable with market-linked options like mutual funds or stocks, fixed deposits (FDs) offer a familiar and safer alternative
 "FD rates in August for senior citizens: Here's what banks are offering")
FD rates in August 2024: These 20 banks offer 7.5 to 9% interest rates
Punjab National Bank's rates range from 3.5% to 7.25% for those under 60
 "FD rates in August 2024: These 20 banks offer 7.5 to 9% interest rates")
Senior Citizen FDs in July: Banks offering 8-9% interest rates for 3-5 yrs
Senior Citizen Fixed Deposits provide a safe investment option with guaranteed returns over a fixed period of time
 "Senior Citizen FDs in July: Banks offering 8-9% interest rates for 3-5 yrs")
BOB hikes FD rates, introduces Monsoon Dhamaka with up to 7.90% interest
The BoB Monsoon Dhamaka Deposit Scheme can be opened online or through any of the bank's branches
 "BOB hikes FD rates, introduces Monsoon Dhamaka with up to 7.90% interest")
Up to 8.75%: These 4 banks hike FD interest rates; all you need to know
Ujjivan Small Finance Bank offers the highest rates at 8.75% for senior citizens and 8.25% for others
 "Up to 8.75%: These 4 banks hike FD interest rates; all you need to know")
HDFC Bank hikes fixed deposit rates on select tenues: All you need to know
For its general customers, HDFC Bank now offers interest rates that range from 3% to 7.25%, depending on the tenure of the deposit
 "HDFC Bank hikes fixed deposit rates on select tenues: All you need to know")
Banks' special FD schemes ending in June: Check details to invest
Schemes' high interest rates make them an attractive option for long-term investment
Starting an FD? Here are the top rates offered by private and public banks
Navigating fixed deposit options: A comprehensive guide to top rates across different banks
 "Starting an FD? Here are the top rates offered by private and public banks")
51% of women prefer low-risk FDs, only 7% invest in stocks: survey
Over 800 women were surveyed across 10 cities in India on a wide range of behaviours, including their involvement in financial decision-making, goal setting, saving and investing patterns, adoption of
Bank FD rates soar: Right time for investors to secure peak returns
Small finance banks' FDs yield more than larger banks' offerings, but invest in them sparingly. Investors need to lock into current peak rates before they begin to decline
 "Bank FD rates soar: Right time for investors to secure peak returns")
Aadhaar update, MF nomination, special FDs: Dec deadlines you should know
A number of special fixed deposit schemes offering up to eight per cent return from leading banks are also set to expire next month.
 "Aadhaar update, MF nomination, special FDs: Dec deadlines you should know")
YES Bank hikes FD rates by 25 bps, senior citizens can earn up to 8.25%
According to YES Bank's website, the highest interest rate of 7.50 per cent has been increased to 7.75 per cent for FDs maturing in 18 months to less than 24 months
 "YES Bank hikes FD rates by 25 bps, senior citizens can earn up to 8.25%")
Diwali offer: This bank is offering 8.25% interest on fixed deposits in Nov
The limited-period FD scheme is available for resident Indians and NRIs. The Diwali Special FD rates of 8.25 per cent p.a. will be available for a specific tenure from November 3 to November 17, 2023
 "Diwali offer: This bank is offering 8.25% interest on fixed deposits in Nov")
Green deposits offering higher interest than regular FDs, should you pick
Green deposits are essentially deposits raised for the purpose of utilising the proceeds towards financing of green projects/activities
 "Green deposits offering higher interest than regular FDs, should you pick")
IDBI Bank extends festive offer on special FD scheme, get 7.7% interest
It has extended these special fixed deposit deadlines to October 31 from the earlier September 30 deadline.
Switch if you can find 50 bps cheaper home loan; lock into current FD rates
Some lenders have lowered their rates over the past couple of months by reducing their spreads
 "Switch if you can find 50 bps cheaper home loan; lock into current FD rates")
Cover yourself against future cuts, lock into current fixed deposit rates
Consider alternatives like SCSS, NSC if you don't have interim liquidity needs
Small banks vs private/PSU banks: Where should you lock your money?
Here are some key points to consider when making your decision