[ad_1] Senior Citizen Fixed Deposit (FD) schemes are tailored investment products designed specifically for individuals aged 60 years and above. These schemes offer a higher rate of interest compared to regular fixed deposits, making them an attractive option for retired and elderly investors seeking steady income and capital preservation. Index Fund Corner Sponsored Scheme Name […]
RBI cuts repo rate: What this means for fixed deposit investors – CNBC TV18
[ad_1] The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points (bps) to 6.25%, marking the first reduction in almost five years. This move could impact fixed deposit (FD) interest rates, giving investors a final window to lock in higher rates before banks start lowering them. Index Fund Corner Sponsored […]
Key fixed deposit updates you should know: New offerings and rate adjustments – CNBC TV18
[ad_1] In recent months, banks have introduced new Fixed Deposit (FD) products and revised interest rates to meet the needs of their customers. These updates offer a combination of higher returns, flexibility, and targeted options for specific customer segments. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty […]
How to open a fixed deposit account: A step-by-step guide – CNBC TV18
[ad_1] Fixed deposits (FDs) are one of the safest and most popular investment options for individuals looking to grow their savings while earning guaranteed returns with minimal risk. Opening an FD account is a straightforward process, but to make the most of this secure investment, it’s important to follow the necessary steps. Index Fund Corner […]
RBL Bank revises fixed deposit interest rates for these maturity periods – CNBC TV18
[ad_1] RBL Bank has updated its fixed deposit (FD) interest rates for amounts below ₹3 crore, effective December 15, 2024. As per the bank’s website, the revised rates now range between 3.50% and 8% for general citizens, while senior citizens and super senior citizens enjoy higher returns of 8.50% and 8.75%, respectively. Index Fund Corner […]
These banks have revised fixed deposit interest rates ahead of RBI policy announcement – CNBC TV18
[ad_1] SUMMARY Several banks have recently revised their fixed deposit (FD) interest rates, impacting both general citizens and senior citizens. With the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting scheduled from December 4, 2024, the repo rate cut is unlikely this time, signaling that interest rates may remain stable. Here’s a look at […]
These special fixed deposit schemes with high interest rates to end on Sept 30: Should you invest now? – CNBC TV18
[ad_1] Several banks, including State Bank of India (SBI), IDBI Bank, and Indian Bank, are offering special fixed deposit (FD) schemes with higher-than-usual interest rates. These limited-time schemes are set to close on September 30, 2024. With just days remaining, here’s a look at these FDs and whether you should invest in them now. Key […]
This small finance bank offers the highest interest rate on short-term FDs – CNBC TV18
[ad_1] Jana Small Finance Bank, one of India’s youngest small finance banks, has launched its ‘Liquid Plus’ fixed deposit offering. This feature gives interest rate of 6.75% per annum for tenures ranging from 7-180 days. This rate applies to a minimum deposit of ₹10 lakh for retail deposits up to ₹3 crore, and for bulk […]