Good News For HDFC Bank Customers! HDFC Bank Revises F.D Interest Rates

Bumper bonanza to HDFC Bank customers! HDFC Bank is one of the leading private sector banks in India. As fixed deposit interest rates went to all-time low in the recent times, depositors loose hope to save their hard-earned money in bank fixed deposits. To their surprise slowly banks are hiking interest rates gradually and nowContinue reading “Good News For HDFC Bank Customers! HDFC Bank Revises F.D Interest Rates”

Be aware of the ‘thief’ that will steal your wealth silently

Many people focus on income earning but they are forgetting on the “silent killer- Inflation” in creating wealth to their loved ones. Generally parents wants to transform their wealth to their next generations, for that they “save money” but whatever they saved is nothing after 20-25 years! Surprised? Are you too surprised to hear thatContinue reading “Be aware of the ‘thief’ that will steal your wealth silently”

HDFC Bank Special Interest Rates On Bulk Deposits

As banks are gradually increasing fixed deposit(F.D)interest rates, private banks are too on it’s way to increase F.D interest rates. Recently ICICI bank has hiked interest rates, now it’s turn of leading private sector bank HDFC Bank. HDFC Bank proposed to hike interest rates on “Special Term Deposits” which can’t be cancelled/prematurely withdrawn before theContinue reading “HDFC Bank Special Interest Rates On Bulk Deposits”

Are You Looking For Stable and Guaranteed Returns? Consider ICICI Bank FD’s as it Hikes Interest Rates Recently

As we all know that banks have slashed term deposit rates insignificantly, those who depend on assured returns finds it difficult to survive. Retired employees(senior citizens) have been facing far lower returns than the inflation rate in India. To their surprise India’s leading private bank ICICI Bank has hiked term deposit interest rates slightly higherContinue reading “Are You Looking For Stable and Guaranteed Returns? Consider ICICI Bank FD’s as it Hikes Interest Rates Recently”

Wanted Higher Interest Rates Than Normal Bank FD’s; Consider These

We all know that bank fixed deposits(FD) rates are at lowest of the decade. For those who are relying on fixed income instruments it is hard to digest such low interest regime. But do you know some banks are offering nearly 7-7.3% even in these falling interest rate scenario? Yes what you saw is reallyContinue reading “Wanted Higher Interest Rates Than Normal Bank FD’s; Consider These”

Financial Transactions Which May Attract Income Tax Notice

In this digital world do remember all your financial transactions may be supervised and monitored by the Income Tax Department. Infact Financial institutions should report “High Value Transactions” to the I.T Department mandatory. To know which transactions may levy income tax notice on you, read the full story- Savings a/c Deposits– In any case ifContinue reading “Financial Transactions Which May Attract Income Tax Notice”