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The short answer is yes—especially when you choose high-return options like the Bajaj Finance Fixed Deposit, which now offers interest rates of up to 7.95% p.a. for senior citizens and up to 7. ...
Several major banks have cut their fixed deposit interest rates and many banks are offering special fixed deposit (FD) schemes with attractive interest rates for a tenure of 444 days. These ...
The latest SBI Research report indicates that swift rate cut transmission results in immediate downward pressure on deposit rates. (AI image) Sub-7 day fixed deposits soon? The Reserve Bank of ...
For example, if your 2-year Fixed Deposit earns 7.5% interest but you withdraw after 12 months, you might only receive 6.5% for the 12 months — or less after fees. Alternatively, banks allow you ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Canara Bank and Punjab National Bank revised their fixed deposit interest rates. These interest rates are based on retail term deposits less than Rs 3 crore which are effective June 1,2025.
ICICI Bank and HDFC Bank have announced reductions in their fixed deposit interest rates for amounts below Rs 3 crore, marking the second adjustment in two months. ICICI Bank's adjustments took ...
After the Reserve Bank of India (RBI) cut the repo rate, many banks, especially public sector banks (PSU banks), are gradually changing the interest rates of fixed ... 25% in some deposit slabs ...
With these latest cuts, customers are advised to review their investment plans, especially those relying on fixed deposits for steady returns.
Amidst the changes in interest rates in recent months, many big public sector banks (PSU banks) have cut the interest rates of their fixed deposit (FD) schemes. The Reserve Bank of India (RBI ...
One- and two-year fixed deposit rates fell by 15 basis points, according to official announcements and updates on their mobile apps. Rates on three- and five-year deposits were slashed by 25 basis ...