Fixed Deposit (FD) Rates may come down
Recently I have posted a blog about FD Rates and investment plan on the Fixed Deposit (FD). It seems banks are planning to reduce the FD Rates in the coming months. I am writing this post to inform readers, if they have plan to invest do it ASAP to gain the High Interest Rates. The [...]
Invest in Fixed Deposit (FD)
Intro
This is the correct time if you want to invest in the Fixed Deposit (FD) schemes. In the past, banks offer very low Interest Rates on the deposits, so people tend to invest on the property like buying home, land, etc. So, it is created very common attitude among people that depositing in the banks [...]
SBI’s 1000 days Fixed Deposit(FD)
Until a few years ago, FD rates were quoted in either number of months or years, but ICICI Bank took the initiative to launch specific days FD with launch of 390/ 590/ 890 days FD.
With the turmoil in US financial market and its impending effect on India, Indian customers are now more inclined to invest [...]
Learning Fixed Deposits(FD) Interest Rates in Indian Banks
What is Fixed Deposits(FD)?
Fixed Deposits (FD) is a system where a person – known as a depositor – deposits a lump sum amount of money in bank at a predetermined fixed period. The longer the period of the fixed deposit, the higher is the interest rate the depositor earns. The number of days an amount [...]