State Bank of India offers two special FD schemes for senior citizens, with a maximum interest rate of 7.60 per cent. These schemes come with special interest rates for specific tenures. If you were to deposit Rs. 1 lakh, you can calculate how much the deposit will grow to by maturity. This is a great … Read more
Telecom companies have surprised mobile users by announcing increased prices for their plans. Reliance Jio announced a price hike for its plans, and the next day, Airtel followed suit with an increase in tariff rates of 11-21 per cent. Airtel’s new rates will come into effect from July 3rd. The price increase is a result … Read more
Are you interested in saving money every month at the post office? The post office recurring deposit (RD) scheme offers good interest rates, allowing you to deposit small amounts and withdraw a large sum at maturity. If you deposit Rs.1000 per month, you may wonder how much you’ll get after maturity and what the interest … Read more
The central government has announced the interest rates of small savings schemes for the July-September quarter. The interest rates for various post office schemes, including the Public Provident Fund and Sukanya Samriddhi Yojana, have been announced. However, there have been no changes in the interest rates compared to the April-June quarter. The current interest rates … Read more
If you save small amounts and earn good returns, the savings scheme offered by the central government is perfect for you. It currently has an interest rate of 7.1 percent. If you earn Rs. 100 per day, you can get Rs. 10 lakhs after maturity. Not only that, there are also 3 types of tax benefits. Know about this scheme now.
Are you considering buying a new car and thinking of taking a loan from the bank? This month, many banks are offering car loans at low interest rates, which can help reduce the burden of monthly EMI. Let’s take a look at the list of banks offering car loans at cheap interest rates in May 2024
Many people are waiting for loans in banks. However, interest rates on personal loans and home loans are high. Gold loans, being secured loans, are offered by banks at lower interest rates. Let’s take a look at the interest rates offered by various banks for gold loans.
State Bank of India (SBI), the largest public sector bank, has recently increased the interest rates on Fixed Deposits (FDs) for different tenures, with the maximum increase being 75 basis points. This change is applicable for FDs below Rs 2 crore and will be effective from May 15, 2024.
When considering fixed deposits, banks are often the first option that comes to mind. However, it’s important to note that term deposits can be made in banks, post offices, and corporate bodies. While many people may think that corporate organizations are unsafe, financial experts suggest depositing in AAA-rated institutions is safer.
State Bank of India has given its customers some good news by increasing the interest rates on various tenure fixed deposits by 75 basis points. The revised rates have been in effect since May 15. The country’s largest public sector bank, SBI, has announced an increase in interest rates on fixed deposits for retail depositors below Rs.2 crores and bulk deposits above Rs.2 crores.