Page 2 - Abank Fd News Today

FD rates for senior citizens have been increased by up to 85 basis points (bps) across tenures, the bank said in a press release

How to close a bank FD (whether opened online or offline by visiting a bank branch), both on maturity and premature closure.

Yes Bank hikes fixed deposit interest rates on selected tenure for deposits below ₹2 crore.

Debt instruments are crucial in financial markets. They offer stable and reliable income, facilitate capital-raising, contribute to economic growth and diversify investment portfolios

Investments in the name of minor childrens for future expenses like college education, marriage, others can be done in many instruments including shares, mutual funds, bank fixed deposit (FD), post office schemes among others. Further if the income of a child is clubbed with the parent then a tax exemption is also given.

Best FD rates: Small finance banks offer the highest interest on fixed deposits, with DCB Bank and Punjab & Sind Bank offering the best rates among private and public sector banks respectively

Your fixed deposit with a bank is guaranteed to only Rs 5 lakh per bank, in deposits held across all its branches put together. However corporate FDs with a good credit rating are just as safe but come without the deposit insurance cover and perceived government-backing.

Retirement planning: Here are few investment options for the retired to provide for their monthly household expenses.

SBI Vs HDFC Bank Vs PNB FD Interest Rates: A detailed comparison of the current fixed deposit (FD) interest rates offered by three lenders SBI, HDFC Bank and ICICI Bank on deposits below Rs 2 crore

Investing for short term: Here is a look at five short-term investment options in terms of tenure, returns, liquidity, and taxation.