SBI special fixed deposit(FD) scheme for senior citizens extended till September
3 years, 1 month ago

SBI special fixed deposit(FD) scheme for senior citizens extended till September

Live Mint  

The country's largest lender State Bank of India has once again extended the special deposit scheme for senior citizens. The special fixed deposit scheme was launched in May 2020, SBI 'WECARE' Senior Citizens' Term Deposit scheme for senior citizens, which was initially applicable till September 2020. The rate applicable to all Senior Citizens and SBI Pensioners of age 60 years and above will be 0.50% above the rate payable for all tenors to resident Indian senior citizens i.e. SBI special FD scheme for senior citizens: Latest interest rates SBI special FD scheme for senior citizens -We Care -offers an additional 30 bps interest rate to the senior citizens on their FD for the tenor of 5 years and more. For senior citizens, the rate has been increased to 5.95 per cent from 5.80 per cent, according to the information put on the SBI website.

Indian Interest Senior Citizens Cent Rate Citizens Scheme Senior Special Sbi Senior Citizen Increased  special  rate  scheme  fixed  fd  extended  interest  depositfd  increased  senior  till  sbi  cent  citizens

History of this topic

THESE 4 special tenure fixed deposits offering higher interest rates to discontinue on March 31. Check details
Trending News
3 weeks, 3 days ago

THESE 4 special tenure fixed deposits offering higher interest rates to discontinue on March 31. Check details

Live Mint  

At the time of opening a fixed deposit, it is advisable to compare the interest rates offered by different banks. Four special FDs offered by three different banks SBI Amrit Vrishti: This is a scheme for 444 days and offers 7.25 percent per annum while senior citizens are offered 7.75 percent per annum. On 375 days FD, the bank offers …

FD rates dip: Check IndusInd, DCB, City Union and other top banks
1 month ago

FD rates dip: Check IndusInd, DCB, City Union and other top banks

India Today  

Following the Reserve Bank of India’s decision to cut the repo rate to 6.25%, many banks have slashed their fixed deposit interest rates. Also, an interest rate of 7.50% per annum is being offered for a tenure of 401 days for the general citizens and 8% for senior citizens. For a one-year fixed deposit, the bank is offering interest rates …

FD interest rates: These 6 banks offer highest interest across these tenures. Check here
1 month, 1 week ago

FD interest rates: These 6 banks offer highest interest across these tenures. Check here

Live Mint  

Before starting a fixed deposit, it is common for depositors to compare the interest rates offered by different banks so that they can maximise the income earned on it. Here we list out the top six banks offering highest rates: HDFC Bank: As we can see in the table below, HDFC Bank offers 7.25 percent to general citizens and 7.77 …

Highest fixed deposit (FD) interest rates for senior citizens: This bank offers up to 9.5%. Details here
1 month, 1 week ago

Highest fixed deposit (FD) interest rates for senior citizens: This bank offers up to 9.5%. Details here

Live Mint  

The Reserve Bank of India cut its repo rate from 6.50% to 6.25%, a 25 basis point decrease. Small finance banks often offer attractive interest rates on Fixed Deposits for senior citizens, typically higher than those of major commercial banks. Unity Small Finance Bank latest FD rates Unity Small Finance Bank offers attractive Fixed Deposit rates, ranging from 4.50% to …

SBI 5-year FD: Know your returns on Rs 5 lakh and Rs lakh 10 lakh investments – India TV
1 month, 2 weeks ago

SBI 5-year FD: Know your returns on Rs 5 lakh and Rs lakh 10 lakh investments – India TV

India TV News  

SBI FD Scheme: The State Bank of India is India's largest public sector bank. SBI 5-year FD Return on Rs 10 lakh investment If one deposits Rs 10 lakh in the fixed deposit scheme of SBI, the person can get a return of around Rs 13,80,419 lakh on maturity. SBI 5-year FD interest rate for senior citizens SBI, India's biggest …

Last chance to book fixed deposits (FDs) at these interest rates: Check latest rates offered by top 7 banks
1 month, 3 weeks ago

Last chance to book fixed deposits (FDs) at these interest rates: Check latest rates offered by top 7 banks

Live Mint  

As Reserve Bank of India has cut down repo rate by 50 basis points on Friday, triggering a rate cut cycle. Kotak Mahindra Bank: This private lender offers 7.15 percent and 7.65 percent on two year and three-year fixed deposits with an extra 50 and 60 basis points for senior citizens, respectively. Bank of Baroda: This government lender offers 7 …

Are you a senior citizen? Don’t miss out on these special fixed deposit (FD) schemes by SBI, IDBI, Indian Bank & others.
Trending News
2 months, 2 weeks ago

Are you a senior citizen? Don’t miss out on these special fixed deposit (FD) schemes by SBI, IDBI, Indian Bank & others.

Live Mint  

Investors who want a reliable, consistent, long-term return on investments typically opt for a fixed deposit. SBI Amrit Kalash scheme This FD scheme offers an interest rate of 7.10% p.a for general citizens and 7.60% p.a for senior citizens for a tenure of 400 days. SBI Amrit Vrishti scheme For a tenure of 444 days, this FD provides interest of …

High-interest rate fixed deposits for super senior citizens: SBI vs PNB vs Union Bank of India vs RBL vs Indian Bank
2 months, 2 weeks ago

High-interest rate fixed deposits for super senior citizens: SBI vs PNB vs Union Bank of India vs RBL vs Indian Bank

Live Mint  

High-interest rate fixed deposits for super senior citizens: Super senior citizens can earn significantly higher returns on their fixed deposits than regular depositors. Several leading Indian banks, including SBI, RBL Bank, Union Bank of India, Indian Bank, and Punjab National Bank, offer attractive interest rates for those over 80. Who are Super senior citizens? According to the State Bank of …

HDFC Bank revises fixed deposit (FD) interest rates: A comparison with SBI, Axis, and Punjab National Bank
2 months, 2 weeks ago

HDFC Bank revises fixed deposit (FD) interest rates: A comparison with SBI, Axis, and Punjab National Bank

Live Mint  

India's biggest private lender, HDFC Bank, has revised fixed deposit interest rates for both senior citizens and the general public. FD rates for other banks Axis Bank For the general public, Axis Bank offers interest up to 7.30% on deposits between ₹3 crore and ₹5 crore for a tenure of one year, 11 days to one year, 24 days. For …

High-return FD offers in 2025: SBI, IDBI, Indian Bank, and more
Trending News
2 months, 2 weeks ago

High-return FD offers in 2025: SBI, IDBI, Indian Bank, and more

India Today  

Fixed deposits remain one of the most reliable and secure investment options for those seeking steady returns. SBI’S SPECIAL DEPOSIT SCHEMES The State Bank of India has introduced two standout schemes—Amrit Kalash and Amrit Vrishti—to cater to different investment needs: The Amrit Kalash scheme, with a tenure of 400 days, offers an interest rate of 7.10% for general citizens and …

High-interest FDs for super senior citizens: Check SBI, PNB, RBL and more
Trending News
2 months, 3 weeks ago

High-interest FDs for super senior citizens: Check SBI, PNB, RBL and more

India Today  

As super-senior citizens often face challenges managing their finances, many banks are offering attractive interest rates on fixed deposits to cater to their needs. STATE BANK OF INDIA SBI’s ‘Patrons’ scheme offers an additional 10 basis points above the senior citizen rates, making it an attractive option for super senior citizens. Super senior citizens get an additional 30 bps over …

FD interest rates: These top 7 banks offer the highest rates on 5-year fixed deposits
2 months, 3 weeks ago

FD interest rates: These top 7 banks offer the highest rates on 5-year fixed deposits

Live Mint  

At the time of opening a fixed deposit, it is recommended to compare the interest rates offered by different banks. Interest rates offered on five-year fixed deposits Bank Regular Senior citizens HDFC Bank 7 7.5 ICICI 7 7.5 Axis 7 7.75 Yes Bank 7.25 8 SBI 6.5 7.5 Bank of Baroda 6.8 7.4 PNB 6.5 7 As we can see …

FD interest rates: SBI vs. small finance banks - See the difference
Trending News
2 months, 3 weeks ago

FD interest rates: SBI vs. small finance banks - See the difference

Live Mint  

If you are looking to invest in a fixed deposit scheme, it is recommended to compare the FD interest rates offered by different banks. Interest rates: SBI vs. small finance banks Here we share the difference between interest rates offered by State Bank of India and small finance banks across tenures. On a 2-year duration, the highest interest of 8.25 …

How to become rich with SBI’s New Recurring Deposit Scheme? EXPLAINED
2 months, 3 weeks ago

How to become rich with SBI’s New Recurring Deposit Scheme? EXPLAINED

Live Mint  

How to become rich with SBI's New Recurring Deposit Scheme: State Bank of India, the country’s largest bank, has launched two new deposit schemes, Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. How to become rich with SBI's new recurring deposit scheme? Recognising the widespread aspiration for financial security, ‘Har Ghar …

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?
2 months, 4 weeks ago

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?

Live Mint  

A fixed deposit promises to offer a reliable, consistent, long-term return on investments. SBI fixed deposits India's biggest bank, the State Bank of India, offers varying fixed deposit interest rates based on the duration of the deposit. A term deposit of one year will provide 6.8 per cent interest, 7 per cent for a two-year term deposit, and 6.75 per …

Fixed deposit interest rates across banks: See list of FD rates up to 7.4%
3 months ago

Fixed deposit interest rates across banks: See list of FD rates up to 7.4%

Hindustan Times  

A series of both private and public banks are offering interest rates between 6.80 and 7.40% on fixed deposits of amounts less than ₹3 crore and for a tenure of five years. This interest is calculated at quarterly compounding intervals on Term Deposits and paid at the rate decided by the bank depending upon the period of deposits. Bank name …

FD interest rates: 6 banks offer highest rates on their long-term fixed deposits
3 months ago

FD interest rates: 6 banks offer highest rates on their long-term fixed deposits

Live Mint  

Prior to locking your money into a fixed deposit, it is recommended to compare the interest rates offered by different banks on their term deposits. Highest FD interest rates offered by banks: HDFC Bank: On a 3-year fixed deposit, this private lender offers 7 percent interest rate to regular citizens and 7.5 percent to senior citizens. Bank Regular Senior Citizens …

Fixed Deposits for senior citizens: Public, private banks providing higher interest in December
3 months, 1 week ago

Fixed Deposits for senior citizens: Public, private banks providing higher interest in December

India TV News  

Fix deposit is among the most trusted investment policies for long terms. Most popular among the elder generations, the deposits are most secure and easily manageable through banks and post offices. Although the interest rates in fixed deposits have lowered in the past decade there are schemes offered by both the public sector and private banks which offer a handsome …

Best Bank FD rates: Earn nearly 9% interest on fixed deposits – Check revised rates from RBL, Equitas, Federal Bank, and
3 months, 1 week ago

Best Bank FD rates: Earn nearly 9% interest on fixed deposits – Check revised rates from RBL, Equitas, Federal Bank, and

Live Mint  

Bank FD rates: Several banks, including Federal Bank, RBL Bank, and Equitas, have revised their fixed deposit interest rates in December 2024. RBL Bank FD rates RBL Bank revised FD rates for amounts less than ₹3 crore, providing interest rates between 3.5 and 8% on FDs for general citizens and 8.5% on FDs for senior citizens. Tenure FD for general …

These 5 banks revise their fixed deposit interest rates: Check details
3 months, 1 week ago

These 5 banks revise their fixed deposit interest rates: Check details

Hindustan Times  

A number of banks have revised their fixed deposit interest rates in December 2024. Time Period Single Deposit Less than ₹ 3 crore Single Deposit Less than ₹ 3 crore 7 days to 29 days 3.00% 3.50% 30 days to 45 days 3.50% 4.00% 46 days to 180 days 5.50% 6.00% 181 days 6.50% 7.00% 182 days to 270 days …

Indian Bank’s special fixed deposit scheme offering up to 8.05 percent to end on Nov 30. Check details
4 months ago

Indian Bank’s special fixed deposit scheme offering up to 8.05 percent to end on Nov 30. Check details

Live Mint  

Indian Bank offers a special fixed deposit that offers upto 8.05 percent for super senior citizens. Category Interest rate Public 7.3% Senior citizens 7.8% Super senior citizens 8.05% The other scheme IND Supreme 300 offers interest rate upto 7.80 percent. Category Interest Rate Public 7.05% Senior citizens 7.55% Super senior citizens 7.80% For other duration deposits, bank offers these interest …

Fixed Deposits for senior citizens: Check top private banks offering highest interest rates | Full list
4 months ago

Fixed Deposits for senior citizens: Check top private banks offering highest interest rates | Full list

India TV News  

Fixed Deposits for senior citizens: For investors prioritising the safety of their funds, Fixed Deposits remain a preferred investment option. Private banks currently offer attractive interest rates for senior citizens, providing an extra 0.25 per cent to 0.50 per cent interest over standard rates. List of private banks offering maximum interest to senior citizens on FDs: Bank Interest rate for …

Senior citizen fixed deposits: List of banks that offer best interest rate in November 2024
4 months, 1 week ago

Senior citizen fixed deposits: List of banks that offer best interest rate in November 2024

India TV News  

Fixed Deposits have always been a trusted investment option for senior citizens as these FDs offer good returns with high security. Senior Citizen FDs also offer higher interest rates and additional benefits, making them a popular choice among retirees. Senior Citizen FDs: Check details Banks and NBFCs are offering Senior Citizen Fixed Deposits exclusively for individuals aged 60 and above. …

FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most
4 months, 1 week ago

FD interest rates: Here’s what is on offer by HDFC Bank, SBI, ICICI, Canara & more — compare who is offering most

Live Mint  

India FD interest rates comparison: Public and private banks in India offer a varied range of fixed deposit interest rates, and it is thus recommended that you compare most options available before making an investment. Private Banks' FD Rates India's largest private lender, HDFC Bank, is offering FD interest rates between 6.60-7.00 per cent for all customers and between 7,10-7.50 …

FD interest rates: These 7 banks offer highest interest on their 1-year-FDs
4 months, 2 weeks ago

FD interest rates: These 7 banks offer highest interest on their 1-year-FDs

Live Mint  

Before opening a fixed deposit account, depositors typically compare the interest rates offered by banks on their fixed deposits. Kotak Mahindra Bank: It offers 7.1 percent to general citizens and 7.6 percent on one-year fixed deposits to senior citizens with effect from June 14. Federal Bank: It offers 6.8 percent to general citizens and 7.3 percent to senior citizens on …

FD interest rates: Top 7 banks offering highest returns on 3-year fixed deposits
4 months, 3 weeks ago

FD interest rates: Top 7 banks offering highest returns on 3-year fixed deposits

India TV News  

Before investing in a fixed deposit, comparing interest rates across savings accounts can help maximize returns. Private banks’ interest rates for depositors ICICI Bank offers interest rates of 7% for the general public and 7.5% for senior citizens. Kotak Mahindra Bank offers similar rates of 7% for the general public and a slightly higher rate of 7.6% for senior citizens, …

FD interest rates: These 7 banks offer highest interest on 3-year fixed deposits; check details
4 months, 3 weeks ago

FD interest rates: These 7 banks offer highest interest on 3-year fixed deposits; check details

Live Mint  

Before investing in a fixed deposit, it is recommended to compare the interest rates offered by different banks. The largest private lender HDFC Bank offers 7 percent interest on its three-year fixed deposit to general citizens, and 7.5 percent to senior citizens. ICICI Bank also offers similar rates i.e., 7 percent to general citizens and 7.5 percent to senior citizens. …

Unlock the Secret of High-Interest Savings for Senior Citizens: Earn Up to 8.65% p.a. Interest on Bajaj Finance FD!
5 months ago

Unlock the Secret of High-Interest Savings for Senior Citizens: Earn Up to 8.65% p.a. Interest on Bajaj Finance FD!

Live Mint  

Bajaj Finance offers a limited-time interest offer of up to 8.65% p.a. on their Fixed Deposit scheme for senior citizens. This high-interest rate makes it an attractive option for those seeking to save and grow their money safely. With flexible tenures and easy application processes, Bajaj Finance's FD scheme provides a convenient and secure way for senior citizens to earn …

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
7 months, 2 weeks ago

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

India TV News  

The State Bank of India, the largest state-owned bank in India, has announced an increase in its lending rates by 10 basis points across tenors, effective from August 15, 2024. Introduced in April 2016 as a replacement for the base rate system, the MCLR is used as a benchmark for setting lending rates unless specific exceptions are approved by the …

Want to do FD? Know which govt bank offers highest interest rate on fixed deposits
7 months, 2 weeks ago

Want to do FD? Know which govt bank offers highest interest rate on fixed deposits

India TV News  

Fixed deposits: In the past two months, several public sector banks have adjusted their fixed deposit interest rates. Currently, Union Bank of India offers the highest interest rate of up to 7.40 per cent per annum on FDs with a tenure of 333 days. This scheme offers an attractive interest rate of 7.25 per cent per annum on FDs with …

FD interest rate up to 9.5%: These banks offer over 9% interest rate on fixed deposits for senior citizens
11 months, 1 week ago

FD interest rate up to 9.5%: These banks offer over 9% interest rate on fixed deposits for senior citizens

Hindustan Times  

Planning and investing money rationally is very important, especially in old age. ACCORDING TO THE PAISABAZAAR DATA, HERE IS THE LIST OF BANKS OFFERING FD INTEREST RATES FOR SENIOR CITIZENS: Axis Bank is offering an interest of 7.85% for the tenure of 17 months to less than 18 months, 7.2% for 1st year tenure, 7.6% for 2nd year tenure and …

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank
11 months, 3 weeks ago

Fixed deposit news: Bank of India revises FD rates. How they compare with SBI, ICICI, HDFC Bank

Live Mint  

Bank of India revises FD rates: BOI has updated its fixed deposit interest rates for deposits below ₹2 crore. Bank of India latest FD rates For deposits maturing between 7 days and 45 days, the Bank of India is offering an interest rate of 3%. Bank of India revises FD rates Deposits maturing in 1 year to less than 2 …

PNB Housing Finance rolls out exclusive 8.30% FD interest rates for senior citizens
1 year, 1 month ago

PNB Housing Finance rolls out exclusive 8.30% FD interest rates for senior citizens

Live Mint  

On February 19, 2024, PNB Housing Finance introduced a time-limited promotion for its fixed deposits, featuring interest rates of up to 8.30 per cent specifically tailored for senior citizens. The revised FD interest rates are set at 8 per cent per annum for individuals below 60 years of age and 8.30 per cent per annum for senior citizens with a …

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison
1 year, 1 month ago

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison

News 18  

HDFC Bank Vs SBI Vs ICICI Bank FD Rates: Fixed-income instruments, like small savings schemes, bank FD and G-Sec, have been a sought-after route for those investors who are looking for a stable return with low risk. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. …

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB
1 year, 2 months ago

PNB hikes fixed deposit rates by up to 50 bps. How they compare with SBI, BoB

Live Mint  

Punjab National Bank has revised fixed deposit interest rates on amounts below ₹2 crore. PNB cuts FD rates on this tenure Punjab National Bank has cut FD rates on 444 days by 45 bps from 7.25% to 6.8%. PNB latest FD rates for senior citizens, super senior citizens After the latest revision, PNB offers an interest rate ranging from 4% …

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank
1 year, 2 months ago

FD rate hikes: Latest fixed deposit rates by 6 major lenders including SBI, HDFC Bank and ICICI Bank

Live Mint  

A number of banks have raised their fixed deposit interest rates while a few have introduced special schemes for offering higher rates of interest. Bank of India, for instance, has introduced Super Special Fixed Deposit with an interest rate of 7.5 percent per annum for deposits ranging from ₹2 to ₹50 crore and has a fixed maturity period of 175 …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
1 year, 2 months ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme
1 year, 2 months ago

Up to 7.50% FD interest rate: BOI launches super special fixed deposit scheme

Live Mint  

Bank of India has introduced Super Special Fixed Deposit with an incredibly enticing interest rate of 7.50% per annum. The Super Special Fixed Deposit offers an excellent opportunity for High Net Worth Individuals and Corporates to invest their surplus funds for the short term. On the other hand, super senior citizens aged 80 years and above will be eligible for …

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates
1 year, 3 months ago

SBI, Bank of Baroda, Kotak Mahindra among 7 banks that hiked fixed deposit rates

Live Mint  

Several banks in India have hiked interest rates on fixed deposits in December 2023, including Bank of Baroda, State Bank of India, Union Bank of India, DCB Bank, Kotak Mahindra Bank, Federal Bank, and Bank of India. The Reserve Bank of India maintains the key repo rate at 6.5 per cent for the fifth consecutive time in the December 8 …

SBI fixed deposit interest rates hiked. Check latest here
1 year, 3 months ago

SBI fixed deposit interest rates hiked. Check latest here

Hindustan Times  

Recently, the State Bank of India raised interest rates on fixed deposits of less than ₹2 crore. Representational Image Also, this rate hike by SBI, the country's largest bank and a private sector lender, is applicable on all but three FD tenures: one year to less than two years, two years to less than three years, and five years to …

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison
1 year, 3 months ago

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison

News 18  

SBI Vs HDFC Bank Vs ICICI Bank: Even as SBI hiked its interest rates on fixed deposits below Rs 2 crore, the FD savings have become a lucrative fixed-income instrument beating inflation by a comfortable margin. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. HDFC …

SBI Vs HDFC Bank PNB: Check Detailed FD Interest Rate Comparison
1 year, 4 months ago

SBI Vs HDFC Bank PNB: Check Detailed FD Interest Rate Comparison

News 18  

Even as the RBI is going to conduct its upcoming bimonthly monetary policy meeting next week, the central bank’s MPC is expected to keep the repo rate unchanged amid encouraging inflation numbers. PNB is offering FD rates up to 7.75 per cent annually and SBI is giving up to 7.50 per cent a year. Latest interest rates on fixed deposits …

Jammu and Kashmir Bank hikes fixed deposit rates. Check latest FD rates here
1 year, 4 months ago

Jammu and Kashmir Bank hikes fixed deposit rates. Check latest FD rates here

Live Mint  

Jammu and Kashmir Bank offers a variety of financial services which include term deposits, also known as Fixed Deposits. After the latest hike, J&K Bank is offering an interest rate of 3.5% on deposits maturing in seven days to 45 days, 4.6% on 46 days to 90 days, and 4.75% on FDs maturing in 91 days to 180 days. On …

Not SBI, this public sector bank offers higher FD interest rates; check details
1 year, 5 months ago

Not SBI, this public sector bank offers higher FD interest rates; check details

News 18  

The State Bank of India, the largest public sector bank in the country, is often the first choice for Indians to open Fixed Deposits. To make things easier for investors, we have curated a list of public sector banks that offer best FD interest rates for a 3-year term. Bank of Baroda Bank of Baroda is currently offering the highest …

Senior citizens savings scheme collection spikes, PPF rates remain same
1 year, 5 months ago

Senior citizens savings scheme collection spikes, PPF rates remain same

Live Mint  

Total collections made under small savings schemes witnessed a jump in September quarter, with deposits for the Senior Citizens Savings Scheme rising nearly 2.5 times year-on-year to ₹74,675 crore, reported Indian Express. The interest rate for Senior Citizens Savings Scheme was raised to 8.2 per cent from 8 per cent in June quarter this year and has been kept unchanged …

High bank fixed deposit (FD) interest rates may not last for long. Here is why
1 year, 9 months ago

High bank fixed deposit (FD) interest rates may not last for long. Here is why

Live Mint  

The era of rising fixed deposit rates may be drawing to a close, and the withdrawal of ₹2000 currency notes from circulation is believed to be a significant factor. Various macroeconomic indicators suggest that FD interest rates are approaching their peak in the current cycle of interest rate hikes. “If the financial sector receives an excess of liquidity during the …

HDFC vs SBI vs ICICI: Which special FD scheme is better for Senior Citizens
1 year, 9 months ago

HDFC vs SBI vs ICICI: Which special FD scheme is better for Senior Citizens

Live Mint  

Special fixed deposit scheme for Senior Citizens: Bank fixed deposits are considered to be one of the best investment options, especially for senior citizens. HDFC Bank special FD scheme for senior citizens interest rate HDFC Bank's special FD scheme for senior citizens is called HDFC Senior Citizen Care. Apart from this, the HDFC Bank has also introduced two special edition …

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank
1 year, 10 months ago

Bank Of Baroda Revises FD Interest Rates; How It Compares To SBI, HDFC Bank, ICIC Bank

News 18  

Bank of Baroda has revised its interest rates on fixed deposits. Bank of Baroda has hiked rates by 30 basis points on select tenors and customers can now enjoy up to 7.25 percent interest on term deposits below Rs 2 crore. Bank of Baroda’s revised interest rates: The lender is offering 3 percent interest on tenors of 7 to 45 …

Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens
1 year, 10 months ago

Suryoday Small Finance Bank hikes interest rate on fixed deposits for senior citizens

Firstpost  

In a great piece of news for senior citizen depositors, the Suryoday Small Finance Bank has revised the interest rates for fixed deposits from 4.5% to as high as 9.6%. Suryoday Bank : Revised FD interest rates - In the case of 1-year FDs, the bank is offering an interest of 6.85% to general customers and an interest of 7.35% …

National Saving Certificate vs SBI five-year bank FD: Latest interest rates
1 year, 11 months ago

National Saving Certificate vs SBI five-year bank FD: Latest interest rates

Live Mint  

Just like the bank tax savings fixed deposit scheme, National Savings Certificates come with a lock-in period of five years. National Saving Certificate's latest interest rate With the recent hike in interest rates, investors can now get higher returns on their investments in the NSC account. SBI 5-year bank FD latest interest rates SBI offers an interest rate of 6.50% …

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