IDBI Bank FD Rates 2024, Savings & Utsav FD Interest Rates Revised

IDBI Bank has announced good news for investors and depositors who want to make fixed deposits. Interest rates on savings accounts and fixed deposits are increasing. The revised new interest rates will be effective from April 15. Also, the Utsav Callable special deposit schemes, which give high interest, have been extended. Let’s find out the details.

Best 3 Banks for Senior Citizens FD to Get 8% Interest or more in 2024

Various public and private sector banks offer the highest interest rates on senior citizen fixed deposits with special offers, which is a good opportunity for senior citizens looking to save money in the bank. Interest is increasing by more than 8% in these DCB, RBL and Yes Bank. If I deposit Rs.1 lakh, how much will I get after maturity? Let us find out now.

Best Senior Citizen Tax Saver FD Scheme Offered Banks in 2024

Senior Citizens are eligible to get the Highest Tax-Saving opportunities through Tax Saver FD. They can earn Interest up to 7.75% from various leading public and private sector banks to save tax under the Income Tax Act section 80C. Investment schemes are available to save tax. You can choose from mutual funds, central government schemes, … Read more

Disadvantages of Bank FD Investments, Do You Know?

Banks currently offer high interest rates on fixed deposits, enticing more people to invest in them. However, it’s important to know that fixed deposits come with some disadvantages. While they offer good returns with no risk, the returns are taxable, and the post-tax returns are much lower than advertised. Additionally, there are better options than … Read more

Unity Small Finance Bank FD Rates 2024 Revised upto 9.5%

Unity Small Finance Bank currently offers a high interest rate for those interested in making a fixed deposit with the bank. Senior citizens can benefit from a special scheme with a maximum interest rate of 9.5%, which no other major bank offers. Due to its high interest rates, investing in fixed deposits is generally considered … Read more

Suryoday Small Finance Bank FD Rates 2024 Revised upto 9.25%

Suryoday Small Finance Bank has announced revised interest rates on their fixed deposit schemes. According to the Suryoday Small Finance Bank FD Rates 2024, senior citizens receive 9.25% interest, and the FD rates are effective from 1st March 2024. Many banks offer high interest rates on fixed deposits, and some have introduced special schemes that … Read more

Ujjivan Small Finance Bank FD Rates 2024 Revised upto 9%

Ujjivan Small Finance Bank FD Rates 2024 Revised upto 9% of interest rate. Customers can get higher returns on individual and senior citizen categories fixed deposits. You also know how much returns will get with a 1 lakh deposit. The Reserve Bank of India (RBI) steadily increased the repo rates from March 2022 to May … Read more

Best POMIS Scheme to get Guaranteed Monthly Income in 2024

Post Office Monthly Income Scheme (POMIS) offers a monthly income with a 5-year term deposit with a 7.4% fixed interest rate. Deposits will receive consistent monthly returns for five years without any market risk. Investing in the Post Office Monthly Income Scheme (POIMS) is an excellent option for those who want a steady monthly income … Read more

South Indian Bank FD Rates 2024 Revised up to 7.4% Interest Rate

South Indian Bank Revised Interest Rates 2024 announced for Saving Accounts, Single Deposits, Tearm Deposits, and Special Fixed Deposit Schemes. SIB Bank FD Rates are effective from 1st March 2024 up to a 7.4% interest rate on their savings accounts. South Indian Bank, a leading private sector bank with 95 years of experience, has announced … Read more