Showing posts with label Fixed Deposit. Show all posts
Showing posts with label Fixed Deposit. Show all posts

Interest Rate for Fixed Deposit of Less than 365 days

Interest Rate for FD of Less than 365 days (1 Year) The highest interest rate is offered  by Bandhan Bank (6 Months – Less than 1 Years)  and IDFC Bank (271 – 365 days) at 8.00%. State Bank of India Government Bank Benchmark 5.00% – 7.00% ICICI Bank Private Bank Benchmark 4.00% – 7.…
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What are NRI deposits?

NRI Deposits ..!  In September 2013, Reserve Bank of India (RBI) tried to rein in a weak rupee by offering to swap FCNR(B) deposits that helped to raise foreign exchange inflows and build up out the foreign exchange reserves.  With a majority of these deposits maturing this S…
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Income Tax Saving 5 year Fixed Deposit. - Consider these 5 Major Points

Income Tax Saving 5 year Fixed Deposit. - Consider these 5 Major Points
Income Tax Saving Fixed Deposit..! (1) Individuals and HUFs are eligible to open a income tax saving fixed deposit account and claim tax deduction up to Rs. 1.5 lakh in a financial year (2015-16 and 2016-17) for the amount invested. (2)  Such deposits are only available for f…
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Fixed Deposits:Study The Company Well Before Investing..!

Fixed Deposits:Study The Company Well Before Investing..!
Fixed Deposits : Study The Company Well Before Investing..! By Mr. Arnav Pandya, CFP In the fixed income space, company fixed deposits (FDs) offer relatively higher rate of return. While interest rates on bank fixed deposits have come down quite significantly, one can still s…
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Tamil Nadu State Apex Co-op. Bank - DEPOSIT RATE OF INTEREST

Tamil Nadu State Apex Co-op. Bank - DEPOSIT RATE OF INTEREST
TNSC Bank Tamilnadu - DEPOSIT RATE OF INTEREST    TNSC Bank Tamilnadu - DEPOSIT RATE OF INTEREST   TYPE OF DEPOSIT..! RATE OF INTEREST  % PER ANNUM SENIOR CITIZENS  % PER ANNUM Savings Bank Account (w.e.f. 03-05-2011) Below Rs.1 lakh 4.00% 4.00% Term Deposits (w.e.f. 06-04-20…
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Settlement of Fixed Deposit account holder of Deceased..

Question:  What are the Settlement Producer of Fixed Deposit account holder of Deceased..? Answer: Settlement of accounts of Fixed deposit deceased constituents is as under: (1) If the account is a joint account, the surviving depositor may approach                           …
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DHFL: Fixed Deposit Higher Interest for Women

DHFL: Fixed Deposit Higher Interest for Women
DHFL, India’s second largest housing finance company unveiled its fixed deposit  scheme ‘Swayamsidha’ with a higher Rate of Interest (RoI) and higher yield, exclusively for Indian  women. Swayamsidha can be availed with a minimum investment of Rs.10,000/- (Rupees Ten Thousand…
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