Ensuring a stable financial future is a priority for everyone, especially senior citizens. One of the most effective ways to ...

Until the full system enhancements are implemented, customers' consent for e-KYC and specimen signatures will be collected ...

Mutual funds have become the most preferred choice for investors compared to Fixed Deposits (FDs) and Recurring Deposits (RDs ...

The Har Ghar Lakhpati scheme offers flexibility, allowing you to choose a savings period between 1 year and 10 years. This ...

The State Bank of India (SBI) has announced two new deposit schemes, 'Har Ghar Lakhpati' and 'SBI Patrons', to provide greater financial flexibility and better value to its customers.

How to become a millionaire with SBI's New Recurring Deposit Scheme: State Bank of India has launched two new deposit schemes ...

The State Bank of India (SBI) has introduced two new deposit schemes: Har Ghar Lakhpati and SBI Patrons. Aimed at providing ...

DICGC insures deposits such as savings, fixed, current and recurring, among others. For fiscal 2024, a total of 1,997 banks were insured by DICGC and currently the deposit insurance coverage limit is ...

Bank Fixed Deposits or RDs – Bank Fixed Deposits (FDs) and Recurring Deposits (RDs) are simple in nature and easy to understand. Use FDs and RDs when you are sure about when you actually need the ...

Post Office Time Deposit (POTDs), which have a five-year tenure, also provide tax advantages. You can claim a tax deduction of up to Rs 1.5 lakh by investing in a five-year Post Office Time Deposit ...

Punjab & Sind Bank and IDBI Bank are offering special fixed deposit (FD) schemes with higher interest rates until December 31, 2024. IDBI's Utsav FD offers rates up to 7.85% for senior citizens.

Whether you choose high-risk investment options like the stock market or low-risk ones like fixed deposits and recurring deposits, each offers distinct advantages. Many individuals start by saving ...