While different banks have different penalty rates, the fee typically ranges between 0.5 and 1 percent of the interest Fixed Deposits are one of the most sought-after investment options. While different banks have different penalty rates, the fee typically ranges between 0.5 and 1 percent of the interest. Here is what the penalty fee of some leading banks on early …
Most likely our parents and even most of us grew up partly on a diet of bank deposits, fixed deposits and insurance policies. Of course, we shall largely compare bank FDs with debt funds to make the comparison meaningful. This is a unique advantage that the debt funds enjoy over the bank FDs. Debt funds are increasingly emerging as a …