BUSINESS
Trump’s proposed max 10% interest on credit cards; how does India fare?
Credit card interest rates in India can go up to 53 percent, though some banks offer products with lower rates. But they are not easy to lay one's hands on.
BUSINESS
Home loans: These public sector banks offer the lowest interest rates
Union Bank of India, Bank of Baroda and State Bank of India offer interest rates between 8.35 and 8.5 percent on a home loan of Rs 75 lakh for a tenure of 20 years.
BUSINESS
Gold loans: These banks and NBFCs offer the lowest interest rates
Gold loans: Indian Bank, State Bank of India offer the cheapest gold loans at interest rates of 8.8-9.05 percent per annum. A gold loan is secured and is given when customers pledge their gold with the bank.
BUSINESS
Cheapest car loans: Banks that offer the best deals this festive season
This festive season, UCO Bank, Canara Bank and Bank of India offer best car loans at interest rates between 8.45 and 8.85 percent on loans of Rs 5 lakh with a five-year tenure.
BUSINESS
Top 3-year corporate FDs that offer interest rates of up to 8.38%
Depositors should carefully study the credit ratings assigned by rating agencies while investing in corporate fixed deposits. Low-rated deposits carry the risk of default.
BUSINESS
Personal loans: Banks offering the lowest interest rates on a Rs 5-lakh loan during the festive season
Bank of Maharashtra, HDFC Bank and ICICI Bank offer interest rates between 10 and 10.8 percent on a personal loan of Rs 5 lakh for a tenure of 5 years.
BUSINESS
FDs for senior citizens: Equitas SFB, Ujjivan SFB offer up to 9% on 15-month tenor FDs
Small finance banks top the list of entities that offer the highest interest rates on short-term fixed deposits.
BUSINESS
Gold loans: These banks offer as little as 8.8% interest
Loan against gold: Bank of India, Indian Bank and Bank of Baroda offer interest rates between 8.8 and 9.15 percent on a gold loan of Rs 5 lakh for a tenure of one year.
BUSINESS
Tax Saving FDs: These banks offer interest rates of up to 7% per annum
Tax Saving Fixed Deposit: HDFC Bank, ICICI Bank and State Bank of India offer interest rates between 7 and 6.5 percent on tax-saving FDs.
BUSINESS
ITR filing for FY 2023-24: A step-by-step guide to paying income tax using your credit card
Income tax filing: In today’s digital age, using a credit card to pay income tax can provide convenience and can help manage short-term cash flow concerns. Users can also earn rewards for using credit cards which can be redeemed for spends on travel, shopping and gift cards.
BUSINESS
FDs for senior citizens: Private banks that offer interest rates of up to 8.10% on 3-year deposits
SBM Bank India, Yes Bank and IDFC First Bank offer interest rates ranging between 8.10 and 7.75 percent on three-year FDs for senior citizens.
BUSINESS
5 best debit cards designed to fetch you the travel benefits
International Travel Debit Card: Just like credit cards, choosing the right debit card can significantly enhance your travel and lifestyle experiences, allowing you to enjoy a world of offers and benefits.
BUSINESS
Home Loans: Who's got the lowest rate on offer among these housing finance companies and NBFCs?
Lowest home loan rates: LIC Housing Finance, ICICI Home Finance and Aditya Birla Capital offer interest rates between 8.50 and 9 percent on a home loan of Rs 75 lakh for a tenure of 20 years.
BUSINESS
Personal loans: Check out banks that offer the lowest interest rates on a Rs 5-lakh loan
Bandhan Bank, ICICI Bank and Bank of Baroda offer interest rates between 9.47 and 11.40 percent on a personal loan of Rs 4 lakh for a tenure of 4 years.
BUSINESS
Where to get best rates on your FDs? Canara Bank, PNB offer 7.25% on 15 months duration
Public sector banks top the list of entities that offer the highest interest rates on short-term fixed deposits.
BUSINESS
Loan against property: HDFC Bank, State Bank of India and Indian Bank offer the lowest interest rates
HDFC Bank, State Bank of India and Bank of Baroda offer interest rates ranging between 9.50 and 10.85 percent on a Rs 15 lakh loan against property for a 7-year tenure.
BUSINESS
Education loans for overseas studies: Indian Bank, Union Bank and Bank of Baroda offer the cheapest interest rates
Indian Bank, Bank of Baroda, ICICI Bank and Canara Bank offer interest rates between 8.6 and 10.85 percent on an education loan of Rs 50 lakh for a tenure of seven years.
BUSINESS
Planning your summer holidays? Here are five credit cards offering travel goodies
Credit cards with travel benefits offer airport lounge access, discounts on travel-related purchases, and rewards or air miles that can be redeemed against flight bookings.
BUSINESS
Corporate FDs offer up to 8.60 % interest. Do you have any?
Corporate fixed deposits offer higher interest rates compared to public sector banks and major private sector banks. However, low-rated deposits carry the risk of default. So, depositors should carefully study the ratings assigned by rating agencies while zeroing in on such fixed deposits.
BUSINESS
Cheapest car loans: Banks that offer the best deals this Akshaya Tritiya
This Akshaya Tritiya, Union Bank of India, State Bank of India, and ICICI Bank offer best car loans at interest rates between 8.70 and 9.10 percent on loans of Rs 10 lakh with a four-year tenure
BUSINESS
Safety and high returns: Banks that offer up to 7.25% interest on 3-year FDs
Bank of Baroda, Axis Bank and HDFC Bank offer interest rates between 7.25 and 7 percent on three-year FDs.
BUSINESS
Loan against securities: Punjab National Bank, IndusInd Bank offer the cheapest interest rates
The loan against securities lowers your interest burden substantially as it is a secured low-cost loan. Punjab National Bank, Yes Bank and Bank of Baroda offer interest rates between 9.25 and 9.90 percent on loan against securities of Rs 1 lakh for a 12-month tenure
BUSINESS
Education loans: Union Bank, SBI amongst banks that offer the cheapest interest rates
Union Bank of India, State Bank of India, Bank of Baroda, and ICICI Bank offer interest rates between 8.1 and 10.25 percent on an education loan of Rs 20 lakh for a tenure of seven years.
BUSINESS
Home loans: These banks offer the lowest interest rates
Union Bank of India, State Bank of India, and HDFC Bank offer interest rates between 8.35 and 9.4 percent on a home loan of Rs 75 lakh for a tenure of 20 years
