Non-Resident External or NRE Account can be a Savings, Recurring or Fixed Deposit Account where NRIs can deposit their foreign currencies which gets remitted to an Indian Account. An NRE account is held in Indian Rupees and is completely tax-free. In this article, we will discuss how you can select the best NRE FD and…
Interest Rates of Tax Saving FD Banks Tax-Saver FD Interest Rates* General Senior Citizens ICICI Bank 7.25% 7.75% State Bank of India 6.85% 7.35% Axis Bank 7.00% 7.50% HDFC Bank 7.10% 7.60% IDBI Bank 6.85% 7.35% IDFC Bank 8.25% 8.75% Yes Bank 7.25% 7.75% Kotak Mahindra Bank 6.50% 7.00% Deutsche Bank 8.25% 8.25% IndusInd Bank…
Fixed deposit is a conventional financial instrument that allows a common man to earn higher interests on his hard-earned savings. Most savings accounts offer interest at 3.5 – 4% p.a. whereas fixed deposits can provide interest at a rate of up to 9% p.a. Money deposited in fixed deposit schemes carries low risk and the…
बैंक टैक्स सेवर एफडी की ब्याज दरें* सामान्य वरिष्ठ नागरिक आईसीआईसीआई बैंक 7.25% 7.75% स्टेट बैंक ऑफ़ इंडिया 6.85% 7.35% एक्सिस बैंक 7.00% 7.50% एचडीएफसी बैंक 7.10% 7.60% आईडीबीआई बैंक 6.85% 7.35% आईडीएफसी बैंक 8.25% 8.75% येस बैंक 7.25% 7.75% कोटक महिंद्रा बैंक 6.50% 7.00% डोएचे बैंक 8.25% 8.25% इंडसइंड बैंक 7.50% 8.00% *डाटा 26…
Customer Type Rate Hike New Customers +0.25% Bajaj Group Employees/Existing Loan and FD Customers +0.25% Senior Citizens +0.35% Bajaj Finance has increased fixed deposit interest rates with effect from 17th October 2018 for the 36-60 month tenure. Likewise, renewal rates of fixed deposits have been hiked by 0.25%. For senior citizens, there is an additional…
We know about fixed deposits, don’t we? But just so that we are on the same page fixed deposits are one of the safest and most consistent saving schemes that guarantee us a fixed percentage of the principal as the return over their tenure. Fixed deposits can be opened by Indian residents, Senior Citizens, and…
After a wait of nine months, the government on Thursday increased the interest rates on Post Office Small Savings Schemes by up to 40 basis points for the third quarter (October-December) of the ongoing financial year (FY 2018-19). The revised interest rates on some of the Small Savings Schemes are as under: Post Office Instrument…
Private sector lender ICICI Bank increases fixed deposit interest rates for some select tenures. The increase in ICICI FD interest rates is with effect from August 14, 2018. ICICI Bank has raised its interest rates on fixed deposits between 15 basis points (0.15%) to 25 basis points (0.25%) on selected term deposits. Also the bank…
In a fresh revision of interest rates, HDFC Bank has increased interest rates on fixed deposits by up to 60 basis points. The bank hiked rates on August 6, 2018. Deposits of various tenures from 6 months to 5 years have seen rate increases. If you are a fresh depositor, you will see a better…