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 HDFC Bank proposed to hike interest rates on “Special Term Deposits” which can’t be cancelled/prematurely withdrawn before theContinue reading “HDFC Bank Special Interest Rates On Bulk Deposits”

Looking For Better Returns Than Government Bank F.D’s? Consider Kotak Bank F.D’s !

Indians are said to be natural savers! Even the world is transforming into fast-moving consumer trend, still there are certain section of people who prefer to do F.D’s(Fixed Deposits)! As we all know that government banks have slashed their F.D rates with large margin, private bank fixed deposits have became a good alternative to theContinue reading “Looking For Better Returns Than Government Bank F.D’s? Consider Kotak Bank F.D’s !”

Good News For Bank Depositors ! Banks Have Raisen F.D Interest Rates Slightly Higher !

For the past few years bank fixed deposit(F.D)interest rates have been declining which hurts the savings nature of the public. But even today there are some section of people(Retirees, Senior Citizens, Unorganised workers)rely on interest income of the banks. So there is a need to preserve their inbuilt “Sentiment” by raising interest rates and protectContinue reading “Good News For Bank Depositors ! Banks Have Raisen F.D Interest Rates Slightly Higher !”

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″