In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...
A fixed deposit offers consistent long-term returns and higher interest rates than savings accounts. SBI offers rates from 6.5% to 7% for terms of 1 to 5 years, while India Post offers 6.7% to 7.1% ...
Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to ...
The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...
Several large Indian banks, including India’s largest lender State Bank of India (SBI), HDFC Bank, Punjab National Bank (PNB) ...
Some of India's top banks have launched special fixed deposit schemes and revised their FD interest rates, especially for ...
Unity Small Finance Bank offers an outstanding 9.00% interest rate on fixed deposits with a tenure ranging from 1 to 3 years.
Benefits of being a super senior citizen include eligibility for higher interest rates on deposits compared to both senior ...
Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 ...
HDFC Bank has updated its fixed deposit interest rates, offering up to 7.40% for the general public and 7.90% for senior ...
SBI keeps its Marginal Cost of Funds Based Lending Rate stable for 2025, ensuring no increase in loan interest rates for ...
India's biggest bank, the State Bank of India (SBI), offers varying fixed deposit (FD) interest rates based on the duration of the deposit. SBI provides FD facilities in the range of 6.5 per cent ...