Fixed Deposits

June 02, 2023 01:54 PM IST

Ujjivan Small Finance Bank to offer 8.25% rate on one-year deposits

This complements our overall strategy of building our granular deposit base, as a retail mass market bank, said MD & CEO of the bank.

Green fixed deposit norms kick in from June 1. Here’s what you need to know

When you invest in a green deposit, the bank uses the money to lend to projects that support the United Nations Sustainable Development Goals, which include renewable energy, green transportation, waste management and so on.

Volatility, tax rule tweaks send investors rushing for SIPs, bank FDs to park their money

The drastic fall in equity fund inflows in April 2023 doesn’t suggest fading interest in equities, as flows into systematic investment plans and accounts have gone up. But debt funds face serious competition from fixed deposits and small-saving schemes, say distributors.

Bajaj Finance FD offers high interest rates, but is it still a good choice?

The rate hike by Bajaj Finance make its fixed deposits a compelling choice for investors seeking longer-tenure options. With new investments in debt funds from April 1, 2023 not enjoying tax benefits over FDs, these deposits are attractive even for those in the higher tax brackets.

Fixed deposits: Three pointers to resolve the dilemma of peak interest rates

FD rates may be close to their peaks and it might be a good time to begin locking them – at least partly – in sufficiently long tenures

SIPs work for debt funds, too. And, they beat bank FDs. Here’s the proof

A Moneycontrol analysis shows that 5-year SIP return calculated for MC30 debt schemes outperformed the FD rates for the respective period 60 percent of the time

Fixed deposits or debt mutual funds: Which one is better for you?

Bank FDs offer a certainty of income, but once the interest accrues, you have to pay tax and then reinvest the proceeds immediately, if you don’t need it. Debt funds help prevent such leakages.

How Finance Bill amendment will affect debt mutual fund investors post April 1

In a big blow to mutual fund (MF) investors, capital gains from debt funds and certain other categories of non-equity MFs are set to be taxed at a higher rate.

Not just debt funds, gold and international funds to also lose from the Finance Bill tweak

Balanced advantage funds stand to gain as experts predict that conservative investors might shift to them to get the equity tax advantage

Tax-saving FDs: These banks offer up to 7.6% interest rate

If you haven’t started your tax planning, do it now as we are just a few weeks away from March 31. Risk-averse investors and those in lower tax brackets can look at tax-saving fixed deposits.

Bajaj Finance announces hike in FD interest rates

The non-banking financial company has hiked FD rates by up to 35 basis points, for tenures between 15 months to 23 months, with effect from March 4.

Senior Citizens FD rates | Private banks that offer up to 8.35% interest on three-year FDs

Despite some boosts to the existing senior citizen's schemes, senior citizens should invest a part of their savings in FDs which offer liquidity and ensure interest income periodically.

Muthoot Finance’s Rs 500-crore NCD issue opens; Should you invest?

Muthoot Finance’s NCD issue offers interest rates from 8.25 percent to 8.60 percent, over monthly and annual interest payment options. The firm gives gold loans as well as home and vehicle loans.

Budget 2023: All you need to know about Mahila Samman Saving Certificate

FM announced a new one-time small savings scheme for women in the Union Budget.

How investors can make the most of fixed deposits when rates are high

Fixed deposit rates are running high on the back of rising interest rates, but there might not be much upside left. Do not compromise on quality for the sake of slightly higher returns

High bank deposit rates lure mutual fund investors to FDs

With many banks offering interest rates between 6.25 per cent and almost 8 percent on FDs, people are parking funds in them for the short term. In the last 6-7 months, yields on MFs have been restricted to around 6-6.5 percent

We will have seven new products by the end of next year, including FDs, ETFs, and mutual funds: CoinSwitch's Ashish Singhal

"At heart, we will always be a crypto company. But the problem that we are trying to solve is investment itself," says CoinSwitch CEO Ashish Singhal

Foreign banks hike FD rates for select tenures; check details

Foreign banks are offering a higher rate of interest compared to leading private and public sector banks. These banks are offering interest rates as high as 7.25 percent.

Save Tax and Build Wealth | These banks offer up to 7.25% interest on tax-saving fixed deposits

Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits

How to make the most of fixed deposits in 3 easy steps

Fixed deposit ‘laddering’ is about dividing your FD investments and spreading them over multiple smaller FDs with different maturity periods.

Senior Citizens FD rates | Banks that offer up to 8% interest on three-year FDs

Senior citizens should prefer investing a part of their savings in FDs which offer liquidity and ensure interest income periodically

Banks hike FD rates on select tenures; pick one that suits you

Banks big and small are trying to attract investors by offering higher interest rates — as high as 7.7 percent — but for a limited period only.

Use laddering strategy to invest in fixed deposits

Banks’ provisional July-September numbers indicate robust growth in loans, deposits

Top banks, including State Bank of India, HDFC Bank, IndusInd Bank and Yes Bank, have reported a double-digit increase in loan growth for the second quarter on a year-on-year basis. Deposit growth has also been strong

Should you invest in bank FDs now?

An investor can earn better yields from shorter term debt funds, tax-free bonds, small savings schemes, floating rate instruments, and high quality corporate deposits compared to FDs.