Rs 30 lakhs sleeping in savings account: 40-year-old with stable income debates FDs vs mutual funds vs gold as investment optionsA 40-year-old woman with ₹30 lakh sitting idle in her savings account shared her dilemma on Reddit, seeking advice on whether to invest in ...
From liquid funds to sweep-in FDs, here are a few short-term options for you to invest your money inWith bank savings account interest rates declining, depositors are exploring alternatives for better returns. Options include switching to ...
Make your money work for you: Don't let large cash sit in a bank savings account, how to invest
Idle money in savings bank account? 5 ways to invest and ensure liquidity
HDFC Bank Senior Citizen Care FD: Only few days left to invest in this FD with higher interest rateThe HDFC Bank Senior Citizen Care FD special offer will be applicable to both new fixed deposits and renewals for senior citizens only. The...
- Who can open an FD account?
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...
Yes Bank launches special FD with interest rate of up to 7.75%Beginning on October 12, 2022, Yes Bank will offer a special fixed deposit scheme for amounts under Rs 2 crore.
This SBI FD allows you to withdraw money anytime without paying a penalty: Check detailsSBI's Multi Option Deposit Scheme is a term deposit that is linked to the one’s savings or current accounts. Unlike normal term deposits, y...
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...
Fino Payments Bank receives RBI nod to offer partner bank's FD, RD servicesIn its letter dated April 19, the RBI stated that Fino Bank can carry out referral services of term deposit products in the form of FD and ...
HDFC Bank launches special FD scheme for senior citizens: Here's all you need to knowThe Senior Citizens Care FD scheme is applicable to new FD deposits booked as well as for the renewals, by senior citizens during the above...
How to avoid premature closure of a bank fixed depositA better way to manage interest rate risk and provide some liquidity to funds as well is to 'ladder' one's deposits across different tenure.
6 short-term investment options to choose fromAlthough there is no single defined period for short-term investments, anything from 7 days to less than 12 months can qualify as short-ter...
Sweep-in deposit account gives higher interest than savings account: Will it suit you?Sweep-in fixed deposits could be a better option than savings account for risk averse investors looking for higher interest. Find out if it...
- ING Vysya Bank launches new fixed deposit scheme, ING FD+
ING Vysya Bank today launched a fixed deposit scheme, offering an interest rate of up to 9.5 per cent per annum for one-year deposits.
- Why you should not pull out your FD
Re-invest your fixed deposit with the same bank to take advantage of higher rates. Shifting to a new bank invites a penalty.