Page 4 - Fixed Deposit Rates

FDs for senior citizens: 12 private banks offer 8% and above interest rates

Many private banks in India such as RBL Bank, SBM Bank India, and IndusInd Bank, are currently offering FD interest rates of over 8%

SBI plans to introduce innovative products to boost deposit growth: Setty

In a bid to attract depositors, State Bank of India is contemplating to come out with innovative products including a combo product of recurring deposit and SIP, said the bank's chairman C S Setty. With the economy progressing, he said, customers are becoming financially more aware and demanding, and have started looking for innovative investment instruments. Today the customers are looking at the value proposition as financial literacy improves and the concept of asset allocation will gain greater importance, he said. "Obviously, nobody wants to put everything in a risky asset or a speculative asset...banking products will always be part of the basket. So, we are trying to bring products which will appeal to them," he told PTI in an interview. "We are trying to bring innovation in some of the conventional products like recurring deposit, which is actually a conventional SIP...Maybe, we can combine both fixed deposit/recurring deposit and SIP, a combo product that could be digitall

Top corporate FDs offering up to 8.7% rates in September 2024: Details here

Corporate FDs often offer 1-2% more than traditional bank FDs, depending on the company's credit rating and the tenure of the deposit

Beyond FDs: Blend growth and income assets in retirement portfolio

Senior citizens may invest in high-quality bonds, senior citizens savings schemes, and post office monthly income schemes

From SBI to BoB: Banks woo customers with special schemes as deposits fall

Customers are increasingly looking at alternative investment avenues, such as the capital markets, in search of better returns

9.1% interest and more: Best FD rates for senior citizens in August

For senior citizens, finding the right place to park savings is the key to ensuring financial stability in later years

Banks offer up to 9% interest on FDs; check detailed rates of various banks

Fixed deposit rates are directly affected by the change in repo rate. Small finance, private, public, and foreign banks hike fixed deposit rates up to 9% annually, providing lucrative options for save

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

Bank of India is offering 8.10% on term Fixed Deposit: check revised rates

Lender raises extra interest rate for deposits made by senior citizens and super senior citizens

HDFC Bank hikes FD rates; see latest rates for ICICI, Kotak, & other banks

For deposits below Rs 3 crore, HDFC Bank has increased the interest rates by 20 basis points for tenors of 35 months and 55 months

HDFC Bank increases fixed deposit interest rates by up to 20 basis points

It will offer 7.35% and 7.40% on fixed deposits below Rs 3 crore for 35 months and 55 months tenors

Smart fixed deposit investment tips: A guide for senior citizens in India

Most banks offer higher interest rates (usually 50 basis points) on their senior citizens' fixed deposits

FD rates have increased but post tax returns still low: What should you do?

Deposits are still the most preferred instrument of saving in India although market-based instruments are gaining share, according to an article published in the Reserve Bank's July Bulletin.

FD rates in July 2024: These 11 banks offer 8 to 9% interest rates

Some banks offer interest rates of 8% or more, making them an appealing option for risk-averse investors

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

North East SFB to increase fixed deposit rate by 50 bps to 9.25%

The SFB is in the process of merging with fintech Slice to augment its capital base

Cancelling credit card, uncluttering home: Top personal finance stories

Our top stories this week tell you about the procedure to cancel a card and the various storage solutions for your home

SBI hikes FD interest rates: Here's what all the banks are offering

Effective from May 15, 2024, the new SBI FD rates aim to attract more investors looking for safe and lucrative savings options

Which banks, financial institutions are offering best FD rates in May 2024?

Navigating fixed deposit options: A comprehensive guide to top rates across different banks

Senior citizen deposits total Rs 34 lakh crore, a 150% growth in 5 years

The report estimates a staggering 74 million senior citizen term deposit accounts in India, holding a combined value of Rs 34 lakh crore.