Several government and private banks in India have increased their fixed deposit interest rates ahead of the RBI's monetary ...
Fixed Deposits (FDs) are a staple of Indian investing. They offer guaranteed returns with minimal risk, offering a saf ...
1. Compare interest rates first: One must compare the interest rates of different banks before finalising the bank. 2.
The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...
SBI offers a loan against fixed deposit and the interest rates are usually lower when compared to other loans.
Shivalik Small Finance Bank (SFB) offers the highest interest rate of 8.80% on fixed deposits for general citizens and 9.30% ...
SBI's Patrons Fixed Deposit Scheme offers super senior citizens (80+) an additional 10 basis points interest, but its rates ...
Interest rates on fixed deposits (FDs) are currently relatively high. Smaller banks in India are offering rates that catch the eye. But should you take the plunge? Here’s a simple breakdown.
NRE fixed deposits present a valuable opportunity for NRIs to achieve tax-free, repatriable returns on their foreign income while benefiting from high-interest rates in India. However, choosing ...
Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it becomes subject to Tax Deducted at Source (TDS).