Choosing between National Savings Certificates (NSC) and 5-year tax-saving fixed deposits (FDs) for tax-saving purposes can…
Tag: Fixed deposits
Non-callable vs normal FDs. How are they different? Features, pros and cons
In 2015, the Reserve Bank of India (RBI) introduced a new concept of fixed deposits called…
SBI FDs: Amrit Kalash and We-care available till 31st March; should you invest?
The State Bank of India (SBI) offers retail investors two limited-time fixed deposits (FDs) with higher…
Income Tax: 5 high-value cash transactions may attract I-T notice
The department employs advanced data analytics tools to detect disparities between declared income and incurred expenses.…
Payments banks to knock on RBI’s door for small-value deposits: Report
Payments banks (PBs) are expected to knock on the doors of Reserve Bank of India (RBI) to…
PNB Housing Finance rolls out exclusive 8.30% FD interest rates for senior citizens
On February 19, 2024, PNB Housing Finance introduced a time-limited promotion for its fixed deposits (FDs),…
How do I build a corpus of ₹2 cr in 12 years for son’s education?
My husband and I are doctors and we have a 6-year-old son. We have been investing…
How to benefit most from rising fixed deposit interest rates?
In February 2024, Axis Bank, HDFC Bank, IndusInd Bank, and Karnataka Bank have all made adjustments…
4 NBFCs offer more than 8 percent interest on fixed deposits
Before investing money in a fixed deposit, investors are advised to compare different financial institutions and the…