Image Source : PIXABAY Choose the locking period of your FD wisely. Fixed deposits or FDs are generally used to invest a lump sum amount as it keeps the money safe while giving a fixed return ...
(Image: Freepik) Fixed deposit (FD) rates are currently looking pretty attractive. If you’ve been thinking about parking your savings in guaranteed return investment schemes and earn decent ...
Now, there is an expectation that banks would bring down the fixed deposit (FD) interest rates sooner than later. So, this could be your last chance to lock your savings in fixed deposit if you so ...
As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...
If banks lower rates in the near future, new fixed deposit investors will earn less compared to those who secured accounts at previously higher rates. Mahendra Kumar Jajoo, CIO - Fixed Income ...
This decision by the central bank is likely to have an impact on fixed deposit (FD) investors, as it is anticipated that interest rates will decrease even further. The repo rate essentially ...
Image Source : PTI SBI latest FD rates for senior citizens: Fixed deposits or FDs offer guaranteed returns. SBI latest FD rates for senior citizens: State Bank of India (SBI) is the largest ...
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a certain ...
It may be noted that super senior citizen fixed deposits offer safety and guaranteed returns. Super senior citizens earn higher interest rates compared to senior and non-senior citizen depositors.
Not sure if you want to lock your money away in another CD account? Here's why it could still make sense to do so: ...
While missing your CD account's maturity date isn't ideal, there are some steps to take immediately once it's passed. Here ...
In Canada, for example, they are called a term deposit; in Ireland, it’s a fixed-term account; and in the United Kingdom, it’s a savings bond (which is different from the United States’ debt ...