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 HDFC Bank proposed to hike interest rates on “Special Term Deposits” which can’t be cancelled/prematurely withdrawn before theContinue reading “HDFC Bank Special Interest Rates On Bulk Deposits”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

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”

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”