BOB, BOI, IndusInd, And Three More Banks Revise FD Rates This Week; Seniors Can Earn Up To 9.10% Interest
BOB, BOI, City Union Bank, IndusInd Bank, Karnataka Bank and Suryoday SFB revised their FD rates during the week ending September 7, 2024.
4 Investment Avenues After Retirement: Know Their Salient Features And Suitability
These investment avenues are relatively of low duration and allow investors to diversify their portfolios with different maturities and the rate of returns.
How Did Bank Deposit Rates Move Over The Years? Is It Time To Book Long-Term FDs?
Fixed deposits (FDs) provide guaranteed returns, but their interest rates may change periodically.
Suryoday SFB Plans 20-Year FD; Can Such Schemes Help Arrest The Fall In Banks’ Deposit Share?
After the Union Finance Minister and RBI urged banks to launch innovative products to mobilise household savings, Suryoday Small Finance BankSFB plans to launch a 20-year FD.
5 Banks Offering Senior Citizens Over 9% Interest Rate On FDs – Learn More
Five small finance banks are offering senior citizens more than 9.0 per cent interest on fixed deposits (FDs). Seniors can avail of up to 9.50 per cent in Unity Small Finance Bank.
Senior Citizen Fixed Deposit: Know The Features And Benefits
A Senior Citizen Fixed Deposit is a safe investment instrument offering older adults a stable income stream and ensuring financial security in retirement.
Are Bank Deposits Taking A Hit Due To Shift Towards Market-Oriented Products?
The compound annual growth rate (CAGR) of MFs has doubled that of bank deposits (BD) at 20.5 per cent in the past 10 years, whereas for BD, it was 10.3 per cent, BoB data shows.
BOB, J&K, And IDBI Bank Revise FD Rates, RBL Launches Vijay FD, Senior Can Avail Up To 8.60%
Bank of Baroda, J&K Bank, and IDBI Bank revised their fixed deposit rates during the week ending August 17, 2024, offering senior citizens interest rates up to 8.60 per cent.
ICICI, J&K, Bandhan, Among Five Banks Revise FD Rates This Week: Know What Senior Citizens Are Offered
In its bi-monthly monetary policy committee (MPC) meeting this week, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.50 per cent, which provides a cue for bank deposit rates
PNB, BOI, Federal Among 5 Banks Revise FD Rates: Know Which One Offers The Highest Rate To Seniors
PNB, BOI, Federal Bank, Union Bank of India, and RBL Bank revised their fixed deposit (FD) rates in the week ending August 3, 2024.
BoI Revises FD Rates, Offers Up To 8.10% To Super Senior Citizens
For fixed deposits with tenures ranging from 180 days to less than one year, the deposit rate for amounts less than Rs 3 crore has been increased to 6 per cent per annum
Senior Citizen FDs: 5 Tips To Invest In Fixed Deposits Smartly
Senior citizens should carefully choose their FDs, comparing the rates of different banks, and employ strategies like laddering to ensure optimum results.
What Is Post Office Time Deposit Scheme? Know Withdrawal Rules, Maturity & Other Features
Post Office Time Deposit Scheme is a short-term investment avenue that allows senior citizens to grow their money while staying liquid.
