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Source: Live Mint For conservative investors who avoid taking risks, fixed deposits (FDs) provide a reliable, consistent long-term investment return. Currently there are several banks in India that provide an interest of over 8% on FDs. Out of all the banks, small finance banks provide relatively higher interest rates compared to public, private and foreign…
Source: Live Mint The Federal Bank has revised its fixed deposit interest rates starting Jan 10, 2025. Now this private bank offers up to 8 percent interest rate per annum on its FDs. The highest interest rate is now given on a tenure of 444 days. The highest rate is 7.5 percent for general citizens and 8…
Source: Live Mint If you are looking to invest in a fixed deposit (FD) scheme, it is recommended to compare the FD interest rates offered by different banks. This can help you make the most of your savings. For instance, if you stand to earn an extra 60 basis points on a fixed deposit of…
Source: Live Mint Fixed deposits (FDs) offer a reliable, consistent long-term investment return, making it a preferred choice among conservative investors. Investors deposit a lump sum amount and earn interest on the total amount. A fixed deposit provides higher interest rates than a savings account, making it an attractive option for conservative investors. Check out…
Source: Live Mint Punjab National Bank (PNB) has revised its fixed deposit (FD) rates and added two new tenures for deposits of less than ₹3 crore. The revised rates and new tenures became effective on January 1, 2025. PNB has added a 303-day tenure with an interest rate of 7 per cent and a 506-day…
Source: Live Mint Are you looking to build a credit history? But you need a credit history/score to get a credit product that can help you build a credit history. This can make it difficult for a lot of individuals to build or rebuild a credit history. Building a credit history or having a good…
Source: Live Mint Thanks to the current volatility, retail investors are increasingly jittery about investing directly in the stock market. With benchmark indices already lower by 10 per cent from their all-time high, there are fewer reasons for investors to get exposure to equity than there were earlier. Typically, wary investors tend to opt for…
Source: Live Mint Indian Bank offers a special fixed deposit (known as IND Super 400 days) that offers upto 8.05 percent for super senior citizens. For the general public, the rate of interest is 7.30 percent and senior citizens are entitled to receive 7.80 percent per annum. IND Supreme 300 days fixed deposit There is…
Source: Live Mint Three years after India unveiled the account aggregator, or AA, framework to facilitate consented sharing of consumers’ financial information, multiple gaps still plague the system that was rolled out as an overarching network connecting various regulators and market players. The account aggregator framework is meant to give individuals greater visibility and control…
Source: Live Mint Before opening a fixed deposit (FD) account, depositors typically compare the interest rates offered by banks on their fixed deposits. Lenders, typically, offer lower interest rates on short term fixed deposits and higher rates on long term deposits. This means the interest offered on three-year FD is usually higher than that on…
