SBI's Patrons Fixed Deposit Scheme offers super senior citizens (80+) an additional 10 basis points interest, but its rates ...
The Reserve Bank of India (RBI) is likely to take a call on repo rate reduction at the Monetary Policy Committee (MPC) ...
In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with higher interest rates and added flexibility to attract customers. These ...
Shivalik Small Finance Bank (SFB) offers the highest interest rate of 8.80% on fixed deposits for general citizens and 9.30% ...
Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...
Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...
Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...
Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it ...
VMPL New Delhi [India]1 IDFC FIRST Bank in partnership with RuPay a global card payment network from India proudly announces ...
A Foreign Currency Non-Resident (Bank) account enables individuals to hold a fixed deposit in India in freely convertible foreign currencies for a duration of one to five years. By maintaining the ...