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Senior citizens often look for stable and risk-free investment avenues to safeguard and grow their retirement corpus. Fixed ...
The country's largest public sector bank, State Bank of India (SBI), has once again shocked its customers. SBI has once again ...
Public sector banks like SBI, Indian Bank, BoB, and Canara Bank are offering high-return special FDs with up to 7.90% ...
Although there has been a cut, this rate can still be considered better than many other FD options available in the market. According to SBI website, “The specific tenor scheme of ‘444 days ...
For investors, this change means lower returns on any new fixed deposits opened. This will particularly impact those who ...
For the general public, SBI's FD rates now range from 3.3% for 7-45 ... The Amrit Vrishti (444-day) scheme rate was cut from 7.05% to 6.85%. Super senior citizens continue to get 10 bps over ...
The premature withdrawal facility with up to 1 per cent penalty is also available. SBI Amrit Vrishti 444-day FD: Interest rate for general citizens The interest rate for general citizens is 7.25 per ...
SCSS and senior citizen FDs both offer secure returns, but fluctuation in interest rates and flexibility can influence your ...
Investors are showing increased interest in the Reserve Bank of India's floating rate savings bonds. These bonds offer annual ...
Let's assume you fall in a 30 per cent income tax bracket; your effective FD interest rate will be 5.6 per cent. You will lose an estimated amount of Rs 28,000 in the form of interest. If the bank is ...