Using your fixed deposit as collateral can often work out cheaper than withdrawing it prematurely.
FD laddering helps you balance liquidity and returns while protecting your savings from fluctuating interest rates.
A simple comparison to help you choose the better long-term home for your savings.
A simple strategy to balance liquidity, returns, and safety in uncertain times
Senior citizens can lock in good mid-term fixed deposit rates before anticipated declines become effective.
With fixed deposit rates already beginning to fall, this may be the right time to secure higher returns.
Shankar Sharma said that he had offered the same suggestion to his sister and brother-in-law when they had sought his advice and today they are 'wealthy beyond dreams'.
The start of March will bring about several significant changes that will affect numerous aspects of daily life. Updates to the regulations about nominations, LPG cylinder prices, FD rates, UPI payments these are among the modifications that will take effect on March 1, 2025. Here's a breakdown of the key changes. Watch here
Highlighting some of the key features of the FD, Ajay Kanwal, MD and CEO of the bank, said to Moneycontrol that customers can opt for instant overdraft facility, same day redemption and availability of partial withdrawal feature.
When considering corporate fixed deposits, it's important to note they typically offer higher interest rates than the public sector and major private sector banks. However, there's a risk of default with lower-rated deposits. Hence, it's crucial for depositors to thoroughly review the ratings provided by rating agencies before opting for such fixed deposits. Watch!
Read on to understand why Bajaj Finance is the best choice for Fixed Deposits.
Bajaj Finance, a leading financial company, offers FDs with features that make them a smart choice for many savers.
The revised rates have come into effect from April 9, the NBFC said.
Recently, the Competition Commission of India approved the transaction involving the merger of slice with North East Small Finance Bank.
The bank now offers an interest rate between 9.01 to 9.25 percent on deposits maturing after 25 months.
FD rates for senior citizens have been increased by up to 85 basis points (bps) across tenures, the bank said in a press release
Fixed deposits are considered one of the safest investments, but with so many different options available, it is very difficult to choose one. Watch our video wherein we explain how to select the best FD.
The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks on deposits of similar maturity.
The private-lender’s consumer group president and head says keeping customers engaged will be a major challenge
Should you be investing in FDs now? We all know that the era of low-interest rates is behind us. RBI has been raising interest rates as inflation does not seem to be transitory, just like in the rest of the world. But only a part of it has been passed on by banks to fixed deposit investors so far. Watch the video to find out if it is still viable to invest in FDs!
Smaller private banks offer higher interest rates compared to HDFC Bank, ICICI Bank and Axis Bank
Consider investing in a Bajaj Finance online FD to yield generous returns and secure your investments against market volatilities
City-based UCO Bank said it was offering 30 basis points or 0.30 percent higher rate on fixed deposits of 999 days for applicants who had received at least one dose of a COVID-19 vaccine.