Page 5 - Fixed Deposit Rates

Govt relaxes norms for small savings schemes: Check details here

The Senior Citizen's Savings Scheme now allows three months to open an account, up from the current one month. Additionally, changes have been made to the premature closure rules for PPF accounts

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

Last day to invest in HDFC Bank Senior Citizen Care FD with 7.75% interest

The Senior Citizen Care FD offers senior citizens aged 60 years and above an additional 0.75 per cent interest rate for FDs of less than 5 crores

Banks offering up to 9 per cent interest: Top fixed deposit rates right now

Unity Small Finance Bank offers 9.5 per cent interest rate on senior citizens fixed deposit for 1001 days tenure as of October 25, 2023

Table: Fixed deposit schemes offered by various finance companies

Credit ratings for the schemes are mostly 'stable', according to Paisabazaar table

BoM hikes fixed deposit rates up to 125 bps, to be effective from Oct 12

State-owned Bank of Maharashtra (BoM) on Wednesday increased its fixed deposit rates by up to 125 basis points, or 1.25 per cent. The new rates are effective from October 12, BoM said in a statement. The rate increase applies to fixed deposits as well as special schemes as per period maintained by the bank, it said. The hike in deposit rates will encourage individuals and business to save more as there is a sharp increase of 125 bps in deposit rates for the tenure of 46-90 days, it said. For tenure of 1-year interest would be 6.50 per cent and for deposits above one year, customers will enjoy an increase of 25 bps, up to 6.25 per cent, it said. The senior citizens shall enjoy an additional benefit of 50 bps in interest rate with an attractive deposit rate of up to 7.5 per cent under 200/400 days' special scheme, as per the statement. The bank's attractive interest rates make it a compelling option for both short-term and long-term savers fostering trust and loyalty among them, it

A snapshot of company fixed deposit rated offered by various companies

Here is how the company fixed deposit rates offered by various companies stack up

SBI issues latest fixed deposits rate 2023, check full details below

State Bank of India issues latest fixed deposits rate 2023. SBI also offers special FD schemes to attract customers such as SBI Wecare for senior citizens, and SBI Amrit Kalash

A snapshot of fixed deposit rates offered by various companies

A snapshot of fixed deposit rates offered by various companies

Senior citizen saving scheme vs bank FD: What is the right strategy for you

senior citizens with an investment horizon of 5 years, who are seeking regular income at quarterly intervals and/or wishing to save tax under Section 80C would find SCSS more attractive than bank FDs

Should you opt for one large fixed deposit or multiple smaller FDs?

For earning better returns, you can spread your investments across multiple fixed deposits with different maturity dates instead of locking all your funds in one fixed deposit for a longer period.

Debt mutual funds or FDs: What should you pick given RBI status quo?

With RBI keeping the key repo rates unchanged at 6.50 per cent, investors with surplus funds are looking to park their money. We decode whether they should stick to FDs or stick to debt funds

Rupay forex cards to your fixed deposits: How today's RBI policy impacts us

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India governor decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs

Repo rate unchanged at 6.%: Full list of banks offering highest FD rates

Following is a list of public and private banks and the highest Fixed Deposit interest rates they are offering

Explained: Are rising FD rates ending, and what should investors do?

The withdrawal of the Rs 2,000 note will likely result in a spurt in liquidity. How are the subsequent changes likely to impact you? Read more to find out

HDFC Bank launches FD schemes with higher interest rates, details here

The fixed deposit rates have been revised by HDFC Bank which launched two unique FD schemes with higher interest rates

ESAF SFB hikes FD rates, offers up to 9% returns effective from today

The interest rates at ESAF Small Finance Bank (SFB) were raised on deposits of less than Rs 2 cr

Indian Overseas Bank raises FD rates; senior citizens to get 7.75% interest

This announcement is in line with the Reserve Bank of India's decision to keep the repo unchanged at 6.5%

RBI rate pause: Lock into best available FD rates, and ladder your bets

Debt MFs investing in quality papers and having average maturity of three-five years are good bets

First time in many years, fixed deposit rates turn positive at 8%

As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab & Sind Bank top the chart offering a cool 8-8.50 per cent per annum. Banks are forced to offer inflation-beating deposit rates for a tenor ranging from 200 to 800 days as credit growth has been far outpacing deposit mobilization throughout this fiscal, leading to a funding crunch. Even at the lowest 7 per cent, fixed deposit pricing is positive for customers because even after a surprise spurt in retail inflation for January at 6.52 per cent, the real rates are in the green. Inflation has been over 6 per cent for 10 months of 2022 forcing the Reserve Bank to increase rates by 250 bps to 6.50 per cent through six consecutive hikes beginning May 2022. For the fortnight to January 13, 2023, credit growth rose 16.5 per cent annualised as against 10.6 per cent growth in deposits. In fact, for .