Can you trust Corporate Deposits?
Introduction Do you have fixed deposit account with bank?. If yes, then you can list down the reason why you have chosen the fixed deposit over other investment schemes. The common reason would be the safety on bank deposits. The known fact is that, the bank deposits offer very low interest rates compare to any [...]
Submit PAN to avoid the higher TDS deduction
In my earlier article I have posted about the compulsory submission of the PAN details to avoid the higher deduction of TDS for your fixed deposit.This new rule is with effect from the 1st April, 2010. Banks started informing about the new rules to the customers. Today I got the mail from HDFC bank about [...]
Fixed Deposit Rates are up again
Introduction In this article I will be writing about the interest rates for fixed deposits in the coming months. As we have noted earlier that RBI had increased the CRR ratio by 0.75 points. This reduce the about Rs.35000 crore money from the liquidity. It is expected to be increase in the banks fixed deposit [...]
HDFC Bank Increases Fixed Deposit Rates
India’s second largest private sector bank HDFC Bank has increased the fixed deposit rates by 150 points. Earlier I have posted about the CRR Ratio hike by the Reserver Bank of India(RBI). As I have explained in the post. CRR hike will reduce the liquidity of the banks and will tighten the money lending to [...]
Tax Saving Fixed Deposit u/s 80C
Introduction In this article I will be writing about the tax savings fixed deposit. It is one of the popular component for the investors because of the guaranteed return amount. As of now the interest rates are not much attractive hence it losses the shine. This article presents the important facts about the tax savings [...]
PNB Tax Saver Fixed Deposit Scheme
Tax Savings Fixed Deposit I have written posts about the tax savings fixed deposit and why the fixed deposit is good for the monthly income. This will be suitable when the interest rates of the fixed deposit is high. In the recent times, all the banks have reduced the fixed deposit interest rates very low [...]
Unitech Fixed Deposit Schemes
Introduction In this article I will be writing about the fixed deposit scheme offered by India’s leading real estate company Unitech Ltd. The interest rates offered by this company is high compare to other company fixed deposits like Tata Motors and Mahindra Finance Fixed Deposit. Subscribe to our future articles here. Unitech Fixed Deposit Schemes [...]
SBI Reduced Term Deposit Interest Rates
SBI Reduced Term Deposit Interest Rates SBI has reduced the term deposits interest rates effective from 9th November, 2009. The difference from the previous rates are varied from 0.25% – 0.50%. Interest Rates for Deposits below Rs. One Crore (% p.a.) Tenors Existing w.e.f. 05.10.2009 (% p.a.) Revised w.e.f. 09.11.2009 (% p.a.) 15 days to [...]
Mahindra Finance and Tata Motors Fixed Deposit
Introduction In this article I am resenting a comparison char for the Mahindra Finance and Tata Motors Fixed Deposit Schemes. Many of our readers asking me about the difference between these two companies and which one is better. This article presents the chart which will give you the good idea about these two companies. If you have [...]
Who are You?
Looking Back After One Year We have crossed one year after starting this finance blog. It is last October when I hosted this blog with lot of fear whether I can post it regularly. Today I am happy to see the good growth of this blog and readers interest on the topic. I love and [...]
