Page 3 - Fixed Deposit

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

IDBI Bank updates FD rates, extends Utsav FD special offers till March

The existing special tenures under the Utsav FD scheme have been extended until March 31, allowing customers more time to invest in these high-yielding FDs

Important deadlines that you should know about before December 31

Several key financial deadlines are nearing on December 31. These include filing belated Income Tax Returns (ITR) by the due date and the closure of special fixed deposit schemes by various banks

FDs vs equities: How rolling returns debunk short-term performance myths

Many investors resist rolling return analysis, preferring specific-date comparisons, which are often skewed to favour certain narratives

Special FD rates: These banks offer up to 8.10% interest till Dec 31

These schemes come with competitive rates for various tenures, for both general customers and senior citizens

RBL Bank increases fixed deposit interest rates, offers up to 8.5 %

Revised rates range from 3.50% to 8% for general citizens; senior citizens will receive returns of 8.50%

Karnataka Bank increases fixed deposit interest offering up to 7.5 %

Lender offers 3.50% rate to general citizens on deposits with tenures ranging from seven to 45 days

Bank fixed deposit interest rates revised: You must lock in FDs now

In the event that the RBI decides to lower interest rates in December, this could be an opportune time for investors to lock in higher returns on fixed deposits

Equity returns outclass gold, FD, property in the long term: Morgan Stanley

Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.

YES Bank offers up to 8.25% interest rate on fixed deposits below Rs 3 cr

The highest interest rate of 7.75% and 8.25% is for a tenure of 18 months

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

Comprehensive insights into ratings and returns offered by various players over different horizons

MobiKwik launches fixed deposit product with up to 9.5% interest rate

MobiKwik, a digital financial services platform, on Wednesday announced the launch of an Instant Fixed Deposit (FD) product on its mobile app, in partnership with financial services firms. The product aims to simplify the savings process for its users, MobiKwik said in a statement. MobiKwik Fixed Deposits allows users to start investing with as little as Rs 1,000 and earn up to 9.5 per cent returns per annum without opening a new bank account, it said. Users can choose a tenure ranging from 7 days to 60 months depending on their convenience, it said. Premature withdrawals are allowed subject to variations in interest rates as outlined in the terms and conditions of the issuer, it said. Through its partnership with RBI-regulated Small Finance Banks and NBFCs such as Suryoday Small Finance Bank, Bajaj Finance, and others along with technology service provider Blostem, MobiKwik aims to provide security of fixed deposit bookings made on its platform, it added.

FD rates: Top 5 public sector banks offering highest interest returns

Public sector banks are offering attractive fixed deposit interest rates, with senior citizens earning up to 7.95% for 400-day tenure. High deposit safety is driving its popularity, say analysts

Bank of India launches 400-day fixed deposit scheme for festive season

Offer available at the bank's branches and digital channels (BOI Omni Neo App/ Internet Banking)

FD rates in September 2024: These 15 banks offer over 8% interest rates

Some of the banks providing these rates include NorthEast Small Finance Bank, Unity Small Finance Bank, RBL Bank, YES Bank and Deutsche Bank

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

IDBI Bank increases interest rates on Utsav FD Scheme to peak 7.85%

Deposits with 444-day tenure will earn 7.85 per cent interest per annum, while those opting for a 375-day term can enjoy a 7.75 per cent annual return

Incremental deposit growth outpaced credit growth since FY22: SBI Research

Myth of flagging deposit growth appears as just a statistical myth with credit growth outpacing deposit growth being tom-tommed as a deceleration in deposit growth, the research report said

RBI new rules for FD in NBFC applicable from Jan 2025: Check details

A number of regulations applicable to NBFCs were reviewed and revised regulations were shared in the central bank's latest circular

SBI hikes interest rates by 10 bps; EMIs on loans set to increase

SBI's one-year MCLR, which directly influences many loan types, has risen from 8.85% to 8.95%