Several public, private, and small finance banks changed their loan interest rates in April. While most of these banks did not modify their Marginal Cost of Funds Lending Rates (MCLR), here are the best banks with top ratings and the lowest interest rates on MCLR Loans. Let’s see the full details.
Several investment tools are available that offer returns without risk. Bank fixed deposits are a good option, especially for risk-averse senior citizens. Fixed deposits offer returns at a specified interest rate for a specified amount over a specified period. This article will look at the interest rates on special fixed deposits offered by different banks. … Read more
As we all know, State Bank of India is the top-rated bank in India and also offers incredible services to its customers. One such thing is SBI International Services. These international services enable their customers to do international transactions like withdrawals or card payments using their credit cards when travelling abroad or to do any … Read more
PSB ATM Block Number was introduced for Punjab & Sind Bank ATM Card Hotlisting to STOP the debit card services of the account. PSB Bank Debit Card Blocking Service is available by calling the toll-free number, sending an SMS, using the PSB UnIC app, and using net banking at https://punjabandsindbank.co.in… Punjab and Sind Bank account … Read more
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
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
Many people are interested in investing in small savings schemes, such as Post Office Schemes Investments. These schemes offer attractive interest rates with government backing, guaranteed returns, and a significant tax reduction. Several schemes are available from the central government, including the Public Provident Fund (PPF) for employees, Sukanya Samriddhi Yojana for girls and recurring … Read more
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
Due to increasing property prices, many people take out a bank loan to buy a house. At present State Bank of India (SBI) offers home loans at low interest rates. If you’re considering a home loan of Rs.20 lakh, you can use an EMI calculator to determine the monthly repayments. It’s important to choose a … Read more
As the financial year 2023-24 is ending, there are only a few days left until March 31, which is the last date to complete all financial-related work. However, since March 31 falls on a Sunday, the Reserve Bank of India (RBI) has decided to keep branches of banks handling government transactions open as usual. Typically, … Read more