Are You Aware of ICICI Bank’s Golden Years Deposit Scheme?-An Exclusive Scheme For Senior Citizens

It might be good news for senior citizens that banks are coming with special F.D schemes with attractive interest rates. Already India’s leading public sector bank SBI has introduced “SBI-We Care” deposit which offers additional interest exclusively for senior citizens. As SBI rolled-out “We-Care” deposit scheme till September 30,2022, India’s leading private sector bank ICICIContinue reading “Are You Aware of ICICI Bank’s Golden Years Deposit Scheme?-An Exclusive Scheme For Senior Citizens”

Do You Have Surplus Money? Want To Invest It For Long Term? Consider “Union Green Deposit Scheme”

All are aware that bank fixed deposits(FD)interest rates are declining in recent times and there is a belief that it might fall further! Do you have surplus money but worried on the falling interest rates?Don’t worry! You can still gain higher returns, but the only condition to be met is “You have to deposit yourContinue reading “Do You Have Surplus Money? Want To Invest It For Long Term? Consider “Union Green Deposit Scheme””

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”

PNB Acquired 170 Crores For Non-Maintenance of Minimum Balance From Their Customers a/c’s

It is well known that sufficient balance would be kept in savings a/c at all-times. If that minimum balance is not maintained, Banks have the right to levy penalty from their customers. As a part of levying penalty, Government sponsored bank PNB(Punjab National Bank)acquired 170 crores in the financial year 2020-21 for non-maintenance of sufficientContinue reading “PNB Acquired 170 Crores For Non-Maintenance of Minimum Balance From Their Customers a/c’s”

Know The Difference Between RD and RD Plus

As Indians typically set aside some portion of their earnings for their future needs, Recurring Deposits(RD)have become a popular option from olden days. Particularly housewives save some money monthly by putting their savings in Gullak/Piggy Bank. Though putting savings in a Piggy Bank is appreciable, it won’t fetch any “Interest” to your savings. For thoseContinue reading “Know The Difference Between RD and RD Plus”