ICICI Bank raises FD rates on select long tenures
ICICI Bank has increased interest rates on select fixed deposits below Rs 3 crore by 10 basis points on longer tenures. General depositors can now earn up to 6.60% and senior citizens…
All posts tagged in fixed deposit
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Who pays tax on FD interest after a parent’s death? Rules explained
When a parent dies, fixed deposits held in their name raise questions about inheritance, interest income and tax liability. Inherited money is generally not taxable, but interest earned on the deposit may…
First-year investment guide for 30-year-olds in India
For those who are 30 and have not started investing, the first year should focus on building a base rather than picking funds or timing the market, according to Business Standard. The…
FD समय से पहले तोड़ने पर ब्याज और पेनल्टी का असर
FD को मैच्योरिटी से पहले बंद करने पर बैंक अक्सर जमा अवधि की दर लागू करते हैं और प्रीमैच्योर क्लोजर पेनल्टी काट सकते हैं। Business Today Bazaar के उदाहरण में 2 साल…
SBI Card launches FD-backed credit cards on YONO platform
SBI Card on Wednesday launched Advantage SBI Card, a secured credit card backed by a fixed deposit, available through a fully digital application on the SBI YONO platform. The process takes about…
FD, RD interest taxed: 6% return falls to 4.1% for top bracket
Post-tax returns from fixed deposits, recurring deposits and savings accounts may fall well below inflation for taxpayers in the 30% income slab, according to tax expert Gauri Chadha. A 6% FD return…
Hawkins Cookers FD offers 8% for 3 years from September 16
Pressure cooker maker Hawkins Cookers will launch a fixed deposit scheme from 16 September, offering up to 8 per cent interest for a three-year tenure. The company, rated ICRA AA- (stable), says…
Compare fixed deposit rates across 16 Indian banks
A comparison of fixed deposit rates available from 16 Indian banks up to ₹1 crore. Data came from each bank's website on 24 August and is arranged in five maturity categories from…
5 checks before breaking your fixed deposit early
Breaking a fixed deposit before maturity can trigger a penalty from the bank, and you may not earn the interest rate originally offered. The bank calculates interest based on the rate applicable…
RBI Floating Rate Bonds v/s Small Finance Bank FDs: Returns Compared
RBI's Floating Rate Savings Bonds currently offer interest at National Savings Certificate rate plus 0.35%, which can exceed 8% after the next reset. The bonds have no upper investment limit and carry…
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Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.