Bank Fds News

Money

HDFC Bank cuts fixed deposit rates. Check latest FD interest rates here

HDFC Bank latest fixed deposit (FD) interest rates are applicable from todaySenior citizens continue to get 50 basis points higher interest rates than the general public

2 min read15 Oct 2020
Money

Can NRI claim deduction u/s 80TTA for interest on bank savings account in India?

Is it mandatory to inform the banks about change of residential status?

2 min read14 Oct 2020
Money

Senior citizens special fixed deposit (FD) latest rates: SBI vs ICICI Bank vs HDFC Bank

SBI, HDFC Bank's special fixed deposit scheme for senior citizens is applicable till 31 December 2020ICICI Bank's special FD scheme for senior citizens is applicable till 30 September 2020

1 min read27 Sep 2020
Money

Bank FD interest rates are falling. Where should I invest for 1-2 years?

As far as I understand, 5% return will not even beat inflationI looked at the returns of liquid funds which were also not great

1 min read13 Sep 2020
Money

Latest Bank FD rates: SBI vs HDFC Bank vs PNB vs Kotak Mahindra Bank

FD interest rates of different banks vary by deposit amount, deposit tenure and type of depositorHere are the latest FD interest rates offered by SBI, HDFC Bank, Punjab National Bank and Kotak Mahindra Bank

4 min read6 Sep 2020
Money

These alternatives can give you better returns than bank fixed deposits

Investors must diversify their FD investments across different institutions. If you have limited funds, stick to safer options. But if you are looking to invest a significant portion of your corpus in FDs, then you must diversify.

2 min read28 Aug 2020
Money

Latest Bank FD rates: SBI vs Axis Bank vs Canara Bank vs ICICI Bank

Axis Bank has sharply cut interest rates on fixed deposits (FDs) with effect from 21 AugustState Bank of India (SBI), ICICI Bank and Canara Bank offer FD rates ranging from 7 days to 10 years

4 min read23 Aug 2020
Money

NPS Tier II account outperforms bank fixed deposits by wide margin

NPS Tier II- Scheme G delivered 11.84% in last one yearOne-year SBI fixed deposit fetches you an interest rate of 5.1%

1 min read14 Aug 2020
Money

Canara Bank revises fixed deposit interest rates. Latest FD rates here

Canara Bank new FD interest rates are effective todayThe bank also slashed its MCLR by up to 30 basis points across various tenors effective 7th August

1 min read10 Aug 2020
Money

Latest bank FD rates: SBI vs ICICI Bank vs HDFC Bank vs Bank of India

ICICI Bank has revised fixed deposit rates with effect from 7 AugustHere are the latest interest rates on fixed deposits offered by SBI, HDFC Bank and Bank of India

3 min read9 Aug 2020
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