Page 4 - Fixed Deposit Rates

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.

Fixed deposit rates in April 2024: Why it's prime time for FD investments

According to experts, the RBI might adjust interest rates towards this year's end. Therefore, it could be wise to invest in FDs now, taking advantage of the current higher interest rates

Which banks or financial institutes offer the best FD rates? Take a look

Fixed deposits (FDs) are a cornerstone of financial planning for many in India, offering a secure and predictable return on investment

Company fixed deposit rates' terms, tenure explained in one table

Look at returns offered by various players over different horizons

Interest rates, tenure, terms of fixed deposits explained in table

Fixed deposit rates of financial companies are a conservative way of investment

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

Lending rates decline in Nov while deposit rates harden: RBI data

The WALR on outstanding rupee loans of SCBs was at 9.80 per cent in November 2023 as against 9.84 per cent in October 2023 and 9.83 per cent in September

Several banks raise FD rates in December, offer up to 8% interest

On Monday, Kotak Mahindra Bank raised fixed deposit (FD) interest rates by up to 85 basis points. Kotak Mahindra customers can now earn up to 7.80 per cent on senior citizen FDs

RBI policy: Depositors can continue to enjoy high FD rates for now

With the rise in the lending rate of banks, there has been a simultaneous increase in fixed deposit rates as well. As of now, many banks are offering FD interest as high as nine per cent

Company fixed deposit interest rates, tenure range explained in chart

Consider table by Policybazaar if you are a conservative investor who doesn't want to risk their money

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

TDS on fixed deposit interest: A guide on how to avail exemption

As per the Income Tax Act, the exemption limit for TDS deduction on FD is Rs 40,000 for individuals (excluding senior citizens) and Rs. 50,000 for senior citizens