BOB, BOI, City Union Bank, IndusInd Bank, Karnataka Bank and Suryoday SFB revised their FD rates during the week ending September 7, 2024.

Zero-coupon bonds are issued at zero interest at a discount on their face value, and the investor receives a return at maturity.

As the name suggests, these fixed deposit (FD) schemes provide investors with tax benefits in addition to guaranteed returns; however, they come with certain restrictions. Learn more.

Senior Citizens Savings Scheme (SCSS) provides guaranteed returns to individuals aged 60 and above. The scheme currently offers 8.2 per cent interest.

Non-resident Indians often plan to come back to spend their retired life with their close relatives and friends in India. But before they decide to return, they must give special attention to their financial preparation so that they can comfortably adjust to their new life in India

Axis Bank has revised its fixed deposit rates effective July 26, 2023. The maximum rate of interest offered to senior citizens is 7.85 per cent

The National Pension System (NPS) trust has revamped its website, making it easy for subscribers to calculate their monthly pension amount with the calculator

One has to forgo various tax deductions if opting for the new tax regime, such as interest on a home loan under ‘Income from House Property’. However, there are still a few deductions that you can claim. Here’s a list of those deductions

Senior Citizens Savings Scheme is a risk-free investment backed by the government. Surety of returns, low-risk involvement, and quarterly payout makes it a hot favourite for senior citizens

Banks are required to transfer unclaimed deposits to the Depositor and Education Awareness Fund with the RBI along with interest on the last working day of every subsequent month from the expiry of 10 years of the deposit