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
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 citizens get the benefit of higher interest rates when they invest in a senior citizen fixed deposit (FD) product compared to the interest rate that is offered on regular FD products.
The Reserve Bank of India (RBI) has kept the repo rate unchanged for the eighth time in a row, so what does it mean for senior citizens and other retail investors? Learn more.
Invest in short-term instruments if your goals have a timeframe of one year or less.
In the week ending March 2, 2024, Bank of Maharashtra, Kotak Mahindra Bank, and two other banks have revised their fixed deposit (FD) interest rates. Know the details.
Senior citizens should carefully plan their investments for cash flows after retirement, as mistakes could be irrevocable. Here are a few options to consider.
The finance ministry has increased the interest ratesfor post office fixed deposits and the Sukanya Samriddhi scheme, while four banks have revised their FD rates this week. Learn more
Bandhan Bank’s ‘INSPIRE’ programme has the versatility of a Swiss army knife, providing diverse services to customers. Learn more.
These three banks have revised their interest rates, offering up to 8.60 per cent to seniors after RBI kept the repo rate unchanged for the fifth consecutive time last week.
Investors can choose them based on their investing horizon, needs and risk-taking ability.
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