Post Office MIS vs mutual funds: Which is better for income-seeking investors?Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative invest...
01 Jun, 2026, 01.36 PM IST
Bank of India hikes FD interest rates on select tenures: Senior citizens to earn up to 7.45% rateBank of India has raised interest rates on fixed deposits for tenures between one and three years. These new rates are effective from May 1...
18 May, 2026, 02.08 PM IST
Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemesSenior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...
02 May, 2026, 11.20 AM IST
Going for premature withdrawal of fixed deposit? Know which type of bank FD minimises loss on interest and penaltyCalculate penalty on premature withdrawal of FD: There are two methods by which banks calculate the penalty on premature withdrawal of FD. ...
03 Jun, 2025, 01.04 PM IST
RBI’s rate cut triggers concern for FD investors: Penalty charges for account holders looking to rebook FDs for higher interest incomeDifferent banks impose different penalty charges, and it typically involves a reduction in interest rate. The penalty can range from 0.5% t...
17 Feb, 2025, 03.59 PM IST
Latest FD premature withdrawal charges 2024: SBI vs HDFC Bank vs ICICI Bank vs PNB vs YES Bank vs Bank of IndiaFD premature withdrawal charges of top banks: Banks allow customers to make premature withdrawal of fixed deposits (FD), but usually with a...
20 Nov, 2024, 05.25 PM IST
Penalty on premature withdrawal of post office FD hiked for this tenureThe Department of Post has made changes in the National Savings Time Deposit Scheme for premature withdrawal interest calculation, accordin...
01 Dec, 2023, 11.48 AM IST
Yes Bank premature withdrawal penalty on FDs hiked to up to 1%; Check detailsYes Bank has increased the penalty for premature withdrawal from fixed deposits worth less than Rs 5 crore. The new penalty rates took effe...
21 Nov, 2023, 12.03 PM IST
FD premature withdrawal charges: SBI vs HDFC Bank vs ICICI Bank vs PNB vs Yes BankHere is a look at the premature FD withdrawal penalty charges of SBI, HDFC Bank, ICICI Bank, PNB, Canara Bank and Yes Bank. (Information as...
02 Jan, 2023, 11.57 AM IST
How interest on bank FD is calculated in case of premature withdrawalOne of the USP of fixed deposit is the liquidity it offers. Banks allow premature redemption of the deposits wherever it is applicable. How...
14 Dec, 2022, 03.46 PM IST
FD premature withdrawal penalty charge: SBI vs HDFC Bank vs ICICI Bank vs PNB vs Yes BankFixed deposits (FDs) are secure investments since they have guaranteed returns and fixed interest rates. It is possible to prematurely with...
19 Jul, 2022, 04.37 PM IST
Yes Bank hikes premature withdrawal penalty charges on FDsYes Bank has increased the penalty for early withdrawal from fixed deposits. According to the Yes Bank website, the increased penalty amoun...
16 Jul, 2022, 03.52 PM IST
Yes Bank to charge premature withdrawal penalty for this FD tenurePremature withdrawals from fixed deposits with terms of less than 181 days previously had no penalty costs, but now investors will have to ...
12 May, 2022, 04.32 PM IST
Post office time deposit premature withdrawal can cost you 48% of the interestWhere banks usually charge a penalty of 0.50-1% for premature withdrawals, for POTD the charge will be much higher as it will depend on how...
21 Aug, 2021, 09.52 AM IST
Premature withdrawal restrictions on new FCNR dollar depositsIn a bid to attract dollars into the country and arrest the fall of the rupee, RBI recently facilitated a swap deal on FCNR dollar deposits.
14 Oct, 2013, 06.35 PM IST
- Banks to impose penalty on premature closure of FDs
Next time you wish to cash in your fixed deposits, be ready to pay a penalty of as much as one per cent of the investment if money is withd...
30 Jan, 2011, 10.55 AM IST
- HDFC to charge for early FD withdrawal
If it was prepayment charges on home loans that plagued bank customers during falling interest rates, a spike in returns offered by term de...
19 Jan, 2011, 09.34 AM IST