Special FDs operate like regular term deposits but offer higher interest rates for a specific period. Leading banks such as ...
The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India (RBI), guarantees a maximum of Rs 5 lakh deposited in a bank in case of failure, bankruptcy or ...
Looking to save tax in FY25 and earn interest. Tax-saver Bank Fixed Deposits can be a worthwhile option for conservative and ...
And if the amount of FD is increased to double, this extra income – on account of extra 50 basis ... while the other bank offers highest interest on a 15-18 month deposit. As we can see in ...
How to earn more interest from your savings bank account Auto sweep facility allows savings account holders to earn FD-like interest income while retaining the liquidity offered by a saving account.
A fixed deposit (also known as a time deposit) account is a type of bank account that pays account holders a fixed amount of interest in exchange for depositing a certain sum of money for a ...
For instance, if one bank offers 50 basis points higher interest on a fixed deposit of ₹10 lakh, the higher income on account of 50 basis points can lead to an extra income of ₹15,000 in three ...