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PREMATURE WITHDRAWAL
Banks seek RBI nod to let NRIs break & rebook existing depositsTo incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...- FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
- Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring depositsRecurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices fo...
- SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
- 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...
- Can Rs 1.5 crore retirement savings give you Rs 1 lakh monthly income for 20 years? Here’s the mathWith a Rs 1.5 crore retirement corpus earning 6%, withdrawing Rs 1 lakh monthly can last about 22 years, leaving little balance. Slightly h...
- 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...
- Post office TD vs PSU bank 5-year FD: Where can you get higher maturity on Rs 2 lakh investment?For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25...
- India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...
- 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...
- Sukanya Samriddhi account interest rate 2026: Has SSA rate changed for April–June quarter?
- Quote of the day by Kofi Annan: "If you have a problem and you can't find a solution, you meet again tomorrow and....." —Lesson on patience: why the best answers often emerge over time, not instantlyQuote of the day by Kofi Annan: Lesson on persistence: why returning to the table matters more than walking away. The Kofi Annan quote mean...
- Has Sukanya Samriddhi Account interest rate revised for this quarter (April-June 2026)?Sukanya Samriddhi Account interest rate: The Sukanya Samriddhi Account (SSA) currently offers an 8.2% annual interest rate, compounded annu...
- Horoscope Today, April 27, 2026: A Strange Shift in Energy Is Affecting Every Zodiac Sign in Ways You Won’t ExpectHoroscope today, 27th April, 2026 highlights a high-intensity astrological phase where all 12 zodiac signs experience a strong mix of ambit...
- Social Security payment delay May 2026: Cut or Late? why your May check is taking longer — should you worry?70 million Americans are waiting longer. May 2026 Social Security payments hit on May 13, 20, and 27. That creates a 35-day gap from April'...
- 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. ...
- 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...
- When can you prematurely withdraw from EPF?You may make early withdrawals from your EPF under certain scenarios. If at all there is an emergency and you need the funds, here is all y...
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