Offered by most Indian banks and financial institutions, fixed deposit is a popular investment option among risk-averse individuals, allowing them to grow their savings or generate regular income. It is one of the term deposits, well-known for its easy opening and closure methods. This blog focuses on how to close fixed deposits in SBI online …
Unity Small Finance Bank is one of the fastest-growing small finance banks in India. The bank aims to make financial stability a reality for individuals by easing the banking process and ensuring regular access. Unity Bank also curates new-age banking products catering to their diversified customer base and small businesses. Want to save your money …
Unity Small Finance Bank FD Rates 2023 – Features & Types Read More »
Apart from regular FDs, SBI has several special-term deposit options for its customers. These special FD schemes are designed with the purpose of catering to varying customer requirements. Some of such special FD schemes include SBI Sarvottam, SBI Tax-saving Scheme, and SBI Special Term Deposit, also known as SBI Fixed Deposit Double Scheme. Let’s discuss …
SBI Fixed Deposit Double Scheme – Interest Rates & Eligibility Read More »
Here are the best fixed deposit interest rates that you must know.
Very often, you might have come across banks and NBFCs offering loan facilities against fixed deposits. The car loan against FD facility is one of the additional benefits provided by FD schemes besides high-yielding returns. As the name suggests, this facility allows you to apply for a loan by leveraging your ongoing FD investment. Keep …
Car Loan Against FD – Interest rates and How to Apply? Read More »
Fixed deposits are one of the safest means of investment. However, there are times when we need to break our FDs before maturity. It can be due to several circumstances like financial emergencies or to switch to a better investment option. In such cases, premature FD withdrawal or breaking an FD can often seem troublesome.At …
How to Close FD in BOB – Online and Offline Process Read More »
Do you want a fixed income but want to diversify your investment portfolio at the same time? Then, you must know about the different types of debentures. Before we dive into more details about its types, you may want to know what debentures are. Well, these are long-term debt financial instruments issued by governments or …
Fixed deposit is a highly popular investment option among risk-averse individuals, known for its high-yield and assured returns. Considered a better alternative to savings accounts, it comes with flexible tenure and attractive interest rates. While investing your hard-earned money in FD is a secured option, you will be subject to paying tax on FD interest. …
One of India’s leading private sector banks, HDFC Bank, offers its customers a wide range of FDs, including a Senior Citizen fixed deposit. A Senior Citizen FD is one of the popular fixed-income securities, allowing elderly and retired individuals to earn steady returns on their savings. This blog will walk you through the attractive HDFC …
Many investors prefer fixed deposits due to their timely and guaranteed returns. It is a safe investment option for risk-averse individuals and also a good hedge option during inflation. SBI FD is rated FAAA by CRISIL, making it one of the most stable and reliable fixed deposits. SBI offers higher interest rates on FDs for …
As the third-largest private bank in India, Axis Bank offers a wide range of financial services to all citizens, including senior citizens. The Axis Bank Senior Citizen FD is designed for individuals above 60 years to help them effectively invest and increase their savings within a specified timeframe. In this blog, you will learn more …
Union Bank of India is India’s one of the leading public sector banks in India. Headquartered in Mumbai, this bank has three overseas branches in Hong Kong, Sydney and Dubai International Financial Centre in UAE. This bank also offers financial products under personal finances, corporate loans and international finances segments. The bank offers an additional …
