Keeping your money only in a savings account will give you a very low rate of interest. When you want to use money with some intervals and do not want to invest it in fixed deposits or high risk ...
In this article, we will explore the benefits of recurring deposits for senior citizens, including the special interest rates, penalties, and other important considerations. Special Interest Rates ...
Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it becomes subject to Tax Deducted at Source (TDS).
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but ...
Additionally, tools like the recurring deposit calculator can assist those looking to invest smaller amounts regularly. The FD interest rate calculator is an online tool that simplifies the ...
A fixed deposit is a trusted financial instrument that has been a popular choice for conservative investors for decades.
The interest rates under this scheme include 8.05 per cent for a 555 ... has also introduced a 'Har Ghar Lakhpati' (lakhpati in every home) recurring deposit scheme. The objective of the scheme is to ...