Any Indian citizen above 60 years of age can invest in these special FD schemes for senior citizens
1 min read13 Aug 2021SBI, ICICI Bank, HDFC Bank and Axis Bank offer FD tenures ranging from 7 days to 10 years
3 min read10 Jul 2021Currently, the average interest rate on 5-year tax saving FD in most leading banks is in the range of 5.3% to 5.5%Senior citizens get an additional interest rate of 50 basis points (bps) over and above the others
1 min read26 Aug 2020Yes Bank fixed deposit (FD) rates for senior citizens range from 5.50% to 7.75%IndusInd, IDFC First Bank and Yes Bank offer interest rates upto or higher than 7%
1 min read18 Aug 2020Canara Bank new FD interest rates are effective todayThe bank also slashed its MCLR by up to 30 basis points across various tenors effective 7th August
1 min read10 Aug 2020Bank fixed deposits (FDs) are the most favoured savings instrument of IndiansSBI, HDFC Bank and ICICI Bank are offering highest interest rates of 6% to 6.4% on FDs
3 min read29 Feb 2020Top lenders including, SBI, HDFC Bank, ICICI Bank and others offer FDThe banks offer higher interest rate to senior citizens
3 min read6 Jan 2020Fixed deposits (FD) are low risk savings optionAll the major banks have been lowering the interest rates
5 min read1 Dec 2019Small finance banks offer higher interest rates on fixed depositsFincare Small Finance Bank offer 9% interest rate on select maturities for general customers
4 min read25 Nov 2019Banks offer FDs ranging from 7 days to 10 yearsRecently, SBI, HDFC Bank, Axis Bank, PNB and others revised FD rates
3 min read19 Nov 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared