Amongst all bank categories, small finance banks are offering the highest FD interest rates. Within the small finance bank category, Suryoday Small Finance Bank is offering the highest slab rates of 7.49% p.a. followed by Jana Small Finance Bank, offering FD rates of 7.35% p.a. Banks Interest Rates (% p.a.) Additional interest rate for senior citizens (%…
हिंदी में पढ़े
Fixed deposit is considered a safe and fruitful investment option in India. People living in India enjoy decent returns on FD thus making FD a preferred choice for risk-averse investors. But the fixed deposit is not limited to residents of India only. NRIs or the Non-Resident Indians also have this option in the form of…
हिंदी में पढ़े Fixed deposits and mutual funds are two of the popular investment choices. Both options provide investors with promising returns to help them realize their goals well within time. Where fixed deposits offer guaranteed returns at pre-fixed interest rates, mutual fund investments provide variable returns depending upon how the market performs. In this…
On the 1st of February 2020, Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Parliament. In it, an increase in deposit insurance to Rs. 5 lakh was proposed which was earlier set at Rs. 1 lakh for the bank account holders. This revision in the insurance cover came into effect from the 4th of February, 2020. What is…
