FD Interest Rates 2020

The disruption caused due to the COVID-19-induced lockdown has forced the Reserve Bank of India (RBI) to slash the repo rate by as much as 115 basis points over the last two months. This has brought down the loan rates much to the joy of borrowers.... Read More

Fixed Deposits (FD) are one of the most popular investment options popular among individuals who want to earn a regular income without any risk involved. Provided by both public and private banks, Fixed deposits are considered to be safe among... Read More

There are individuals who like to have guaranteed returns on the investments made by them. For such purpose, Fixed Deposit (FD) is one investment option that is quite popular amongst Indians. Also known as Term Deposits, Fixed Deposits not only help... Read More

There is less to no doubt about the fact that fixed deposits are one of the most popular investment assets around. Provided by leading banks and financial institutions, fixed deposits are considered to be the safest option for people who want to... Read More

The question is inclusive and pertains to both minors (below 18 years of age) and their guardians. Someone who is less than 18 years old but can read and write can open the term deposit account on his/her name. Whereas, minors who can’t read and... Read More

Tax saver fixed deposits are one of the tax-saving instruments that offer you tax deductions upto INR 1.5 lakh in a financial year under Section 80C of the Income Tax Act. These deductions help reduce your tax liability and save you some to meet... Read More

Fixed Deposit is an effective way to earn attractive returns on cash which was currently not used. Investment in a fixed deposit will make your funds work for your future, by grabbing a good interest rate. That is the reason people invest in fixed... Read More

Interest is paid by the bank on your booked fixed deposits for a particular period. The bank provides interest to your deposits at a certain rate and it is known as the fixed deposit interest rate. In a fixed deposit, the amount you provide to the... Read More

Fixed deposits are one of the investment products offered by banks for all working as well as non-working professionals and individuals. As the name suggests, a fixed deposit is a deposit wherein the person has to fix a certain amount of money for a... Read More

Want to earn safe returns on your investments? Then, look to invest in a fixed deposit that offers fixed returns over time. But the big question is, where should you open a fixed deposit? The question assumes significance given there are many banks... Read More