Plan Your Investment

This article summarizes the latest fixed deposit rates offered by the banks. The list provides only the five banks for each category. Fixed deposit is one of the ever green investment option for most of the investors. It is most safest investment compared to other equity related investments. If you are not ready to take [...]

If your only source of income is interests on bank fixed deposits, impact on the Tax Deducted at Source (TDS) will be more if you are not managed the TDS efficiently. TDS is the tax deducted at the time of paying the income to you. It is applicable to the salaried employees, bank fixed deposits, [...]

Introduction After the rigorous cycle of increase in the policy rates by Reserve Bank of India (RBI), debt instruments got more lucrative for the investors who are looking for the safe place to park their money. Thanks to the inflation which is making the mandatory requirement to increase the key policy rates. A Steep increase [...]

As we all know that if you are withdrawing the money from the fixed deposit account , the rate of interest will be reduced as the penalty for premature withdrawal. This penalty would be different from the each bank based on the tenure of the fixed deposit and how long you continued the fixed deposit [...]

Mahindra Finance has revised the fixed deposit interest rates with effect from 24th May, 2011. It has the advantage of highest rating for the safety of your investments that is FAAA. Earleir I have written about the Mahindra finance fixed deposits. The following are the revised interest rates: If you are interested in opening mahindra [...]

Last week Mahindra Finance has increased the interested rates for its fixed deposit schemes. Aftre comparing with many of the corporate fixed deposits like Tata Motors, Mahindra Finance is paying the highest interest rates from the fixed deposits. The following is the table shows interest rates for different tenure: If you want to apply for [...]

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 other [...]

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 [...]

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 interest [...]

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 [...]