Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended

As senior citizens gets lumpsum amount during retirement and they won’t get regular income(except pension)thereafter, generally senior citizens rely on fixed deposits as they can’t take risk with their hard-earned money. But the recent interest rates fall in bank fixed deposits makes them worrisome. At that time India’s leading public sector bank SBI has comeContinue reading “Good News For Senior Citizens! SBI We-Care Deposit Term Has Been Extended”

Are You Looking To Do Long-Term F.D in Banks? Here’s a Good News From SBI

We all know that SBI(State Bank of India)is a leading public sector bank runned under the ownership of the government. SBI is abide to the government’s regulations especially by the guidelines of the RBI(Reserve Bank of India) As RBI gives hint to hike interest rates further, SBI has hiked interest rates on the long termContinue reading “Are You Looking To Do Long-Term F.D in Banks? Here’s a Good News From SBI”

ICICI Bank Latest FD Rates

Indians prefers to do Fixed Deposits(FD)as they are the safest and the most liquid instrument(can be encashed at any time). Though banks levy penalty for premature cancellations, still Indians considers FD’s as an safer investment vehicle. Eventhough FD Interest Rates are declining in the recent times, there are people who tend to do FD’s evenContinue reading “ICICI Bank Latest FD Rates”

Good News For Senior Citizens! SBI’s “We Care” Deposit Scheme Has Been Extended Till March 31st,2022

Generally senior citizens rely on fixed income instruments as they can’t take risk with their hard-earned money. But the recent falling interest rates worrying them a lot! Protecting the interest of the senior citizens, India’s leading bank SBI launched “We Care” Deposit scheme with additional 0.30% interest in addition to 0.50% interest applicable to seniorContinue reading “Good News For Senior Citizens! SBI’s “We Care” Deposit Scheme Has Been Extended Till March 31st,2022″