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WITHDRAWN PREMATURELY
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 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...
- Ramalinga Reddy has withdrawn his resignation, claims Congress gen sec SurjewalaCongress leader Randeep Singh Surjewala announced that Ramalinga Reddy has withdrawn his resignation. Surjewala clarified that Reddy's deci...
- 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...
- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- PPF interest rate 2026: Has Public Provident Fund interest rate increased for April-June 2026 quarter?Public Provident Fund interest rate: The Finance Ministry confirmed that rates for small savings schemes will continue from the previous qu...
- Bank of India cuts FD rates by up to 25 bps on these deposits; withdraws 400-day special FD offering 7.30% interestBank of India has revised its fixed deposit interest rates, effective April 15th, 2025. The bank has discontinued its special 400-day FD sc...
- 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...
- 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...
- If 5-year post office FD is prematurely withdrawn you will get only savings account interestThe premature withdrawal rules for post office time deposits (also known as post office FD) has been revised by the government. The new rul...
- You can't prematurely withdraw 5-year post office FD before 4-yearsThe finance ministry has revised the rules for post office time deposits (POTD) recently. One of the major change in the rules is that five...
- 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...
- Senior Citizens Savings Scheme (SCSS) premature withdrawal rules changed; check detailsSenior Citizen's Savings Scheme rule change: The government released a notification implementing numerous significant changes to the popula...
- Bank of India increase FD interest rates on Shubh Arambh DepositsThe Bank of India raised interest rates on "Shubh Arambh Deposits," an unique type of term deposit. The new rates are applicable from April...
- Canara Bank hikes FD interest rates: Now earn up to 6% on this tenureAfter the Reserve Bank of India (RBI) increased the repo rate by 50 bps at the August MPC meeting, Canara Bank boosted the interest rates o...
- 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...
- 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...
- Exited NPS prematurely? PFRDA now gives subscribers two options to rejoin the schemeUnder NPS, the subscribers are allotted with a PRAN, and the subscribers can have one active PRAN at any given point of time. Hence, the el...
- RBI allows banks to offer deposit schemes which can't be broken prematurelyRBI has allowed banks to offer deposit schemes up to Rs 1 cr which cannot be broken prematurely and can attract different rates of interest.
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