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FIXED DEPSOIT
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...- If bank fails, Rs 5 lakh deposit insurance amount to be available immediately to depositorsThe FM said in her budget speech that she will bring in an amendment to allow this in the current budget session. Owing to many banks facin...
- State Bank of India reduces FD rates. Here are the latest onesAccording to the newly effective interest rate, FD having tenor of 7 to 45 days will earn 4 per cent instead of 4.50 per cent earlier.
- Bank deposit insurance hiked to Rs 5 lakh per depositor by Budget 2020Currently, as per the RBI guidelines, deposits with all commercial banks and cooperative banks are insured under the Deposit Insurance and ...
- SBI to keep savings account interest rate unchanged; cuts FD rates againPost the rate cut by RBI, SBI Savings account holders were supposed to earn 2.65 per cent.
- PNB revises fixed deposit rate to 8 pcPunjab National Bank (PNB) on Tuesday revised interest rates on fixed deposits above Rs one crore to 8 per cent for maturity over one year.
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