Page 4 - Fixed Deposits

You can now book an FD online in 3 minutes, compare rates on this platform

The online platform enables investors to compare FDs and invest in one within 3 minutes without having to open a savings account.

FDs should not be used for wealth creation: What investors should do instead

You might get excited when banks offer 8 per cent interest rate on a five-year fixed deposit.

Post tax returns of FD rates still below FY24 inflation expectation of 5.4%

If an investor in the 30% tax bracket invests Rs 10 lakh in a bank FD that fetches 8% per annum interest, her earnings would be Rs 80,000. Post-tax, the earnings will further reduce to Rs 56,000

7 banks offering 9% interest rate to senior citizens: Full list of FD rates

Fixed deposits come with a premature withdrawal option that enables you to close the account before it matures. However, you will have to pay a penalty to the bank to avail of this facility.

An inheritance issue, luxury at the movies: Top personal finance stories

What does the law say about the rights of children born of invalid marriages; how are multiplexes wooing viewers: Our newsletter explains

Chart: Corporate fixed deposits offered by various companies

Paisabazaar's table for information on returns and credit ratings of leading providers

SBI issues latest fixed deposits rate 2023, check full details below

State Bank of India issues latest fixed deposits rate 2023. SBI also offers special FD schemes to attract customers such as SBI Wecare for senior citizens, and SBI Amrit Kalash

A snapshot of corporate FD tables

A snapshot of corporate FD tables

Deposit growth hits 6-yr high on Rs 2000 note withdrawal, higher FD rates

In absolute terms, bank deposits have increased by Rs 22 trillion in the trailing twelve-month period

A snapshot of fixed deposit rates offered by various companies

A snapshot of fixed deposit rates offered by various companies

How much do Indians save in FDs? All India average is Rs 4.25 lakh

Fixed deposits offer a guaranteed rate of interest, which is usually higher than regular savings accounts.

75% Indians don't have funds for emergencies: How to save and plan for it

Most thumb rules related to emergency fund planning state that you must have 6-9 months of your fixed monthly expenses saved away in an easily accessible and low risk asset class.

TMS Ep457: High airfares, tutoring industry, FDs over equities, NDRF

Are cartelisation, regulatory failure led to high airfares? How does India's tutoring industry compare to the world? Are FDs a better bet over equities for next year? What is the NDRF? Answers here

Should you opt for one large fixed deposit or multiple smaller FDs?

For earning better returns, you can spread your investments across multiple fixed deposits with different maturity dates instead of locking all your funds in one fixed deposit for a longer period.

Debt mutual funds or FDs: What should you pick given RBI status quo?

With RBI keeping the key repo rates unchanged at 6.50 per cent, investors with surplus funds are looking to park their money. We decode whether they should stick to FDs or stick to debt funds

Repo rate unchanged at 6.%: Full list of banks offering highest FD rates

Following is a list of public and private banks and the highest Fixed Deposit interest rates they are offering

Is FD a must? All your queries on opening a bank locker answered

Banks are already repeatedly releasing advisories to customers and urging locker holders to sign their revised contracts by June 30.

Abrdn likely to sell its entire stake in HDFC Life through a block deal

The shares will be sold between Rs 563.2 and Rs 585.15 each. At the upper end of the price band, the block sale would fetch abrdn Rs 2,088 crore

Pan-Aadhar link to bank locker agreement: 6 deadlines to remember in June

There are several financial deadlines that taxpayers and bank customers must keep in mind or they lead to fines and penalties

Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months

Bajaj Finance, the lending arm of Bajaj Finserv, on Wednesday increased its fixed deposit (FD) rates by up to 40 basis points. Following the hike, 44 months special tenure for senior citizens will invite an interest rate of 8.60 per cent per annum. The new rates are revised higher by 40 basis points on deposits with maturities ranging from 36 months to 60 months, it said. Depositors below 60 years can earn up to 8.05 per cent per annum, while senior citizens can earn up to 8.30 per cent per annum, it said. The revised rates on Bajaj Finance FDs shall be applicable on fresh deposits and renewals of maturing deposits of up to Rs 5 crore, it said.