HDFC Bank offers a variety of Fixed Deposit (FD) schemes to cater to different financial goals and needs. Here are the main types: 1. Regular Fixed Deposit:This is the most basic type of FD, offering a fixed interest rate for a chosen tenure. It is suitable for individuals seeking guaran...
A fixed deposit is a trusted way to maintain liquidity and earn an assured rate of return on the capital. Interest rates vary from one bank to another. Let's take a comprehensive look at the interest rates on offer today. – Bank<1 year1 to 2 years2 to 3 years...
A fixed deposit’s returns are always known to be guaranteed. You would get the same rate of return that was agreed upon when the FD was opened at first. This would not be the case when it comes to market-led investments – which would give you returns depending on the market interest ...
The bank offers fixed deposit interest rates between 3.50% and 7.75% for general citizens for FD tenures ranging from 7 days to 10 years. The highest interest rate of 7.75% is offered on FDs maturing between 1 year to 2 years. Fixed deposit interest rate u...
SBI FD Rates 2024:State Bank of India’s Regular Fixed Deposit ensures that your earnings grow steadily and effortlessly. Its key features like attractive interest rates, multiple interest payout options, and zero penalty on premature closure make it the ideal investment for your hard-earned money...
FD @ 8.00%* Rate You can have a glance at the Axis Bankfixed deposit interest ratesmentioned below : Axis Bank FD Interest RatesApril 2024 The bank provides interest onfixed depositsat attractive rates. These rates depend on the period of investment and the investor’s category. The highest ...
Fixed Deposits are bank deposits for a fixed or specified period chosen by investor or depositor at a fixed rate of interest. You can deposit money for as short a period as 7 days and upto 10 years. When you open a fixed deposit with the bank then you are lending money to the bank ...
DICGC Security:The security net of the Deposit Insurance and Credit Guarantee Corporation (DICGC) covers fixed deposits up to Rs. 5 lakhs, providing added assurance to senior citizens. Public Sector Bank Rates Public sector banks offer competitive senior citizen FD Interest rates. The below tables...
This company offers deposits of duration ranging from 12 months to 60 months and the interest rate ranges from 5.8% to 7.25% p.a. Interest will be payable on the deposit from the date of realisation of cheque / demand draft or RTGS transfer to HDFC's bank account. Intere...
A big disadvantage of regular bank fixed deposit (FD) is that any subsequent interest rate hikes do not benefit existing FD holders. Whenever RBI has raised policy rates in past, the banks are quick to increase loan rates but are extremely slow in passing on the benefit of rate hikes to...