Tag Archives: Fixed Deposit

Expected Changes on Tax Savings Fixed Deposit (Union Budget 2010-11)

February 20, 2010

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This budget may bring the smiles in people who are looking to invest their money bank deposits and save the tax. Most likely this budget may amend the existing restrictions on tax saving fixed deposits. Nowadays most people prefer the mutual funds as the tax savings instrument because of their 3 years lock-in period. Tax [...]

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Tax Saving Fixed Deposit u/s 80C

February 2, 2010

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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 fixed [...]

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Investments on Section 80C – Part 1

February 1, 2010

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In this series articles I will writing about the various components available in the section 80C. There is lot of queries asking doubts in the investment options available in the section 80c. I felt it is good idea to write series of articles explaining the components in the section 80c. I hope this series will [...]

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PNB Tax Saver Fixed Deposit Scheme

January 13, 2010

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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 [...]

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What is ICICI Bank Advantage Deposit scheme?

December 9, 2009

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In this article I will be writing about the new product launched by ICICI this year. The name of the product is Advantage Deposit scheme. A new product with dual benefits of a fixed deposit and a mutual fund. This post provides more details about that product and whether it is suitable for you. If [...]

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Mahindra Finance and Tata Motors Fixed Deposit

November 2, 2009

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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 [...]

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What is Super Saver and Sweep-In Facility?

October 29, 2009

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In this article I will be writing about the feature Super Save and Sweep-In provided by the HDFC bank to its customers. I am writing this post with the details from HDFC bank. Also it is the response for our reader (Siva) posted in ask questions. His question is HDFC bank offers sweep-in and super-saver [...]

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How to open HDFC Bank Fixed Deposit in online?

October 26, 2009

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In this article I will be explaining about the procedure to open fixed deposit account with HDFC bank by using the online banking. Nowadays it is not necessary meet the bankers to open a fixed deposit. If you have savings bank account and netbanking details, it is easy to create one at your desk. Here [...]

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SBI cuts deposit rates effect from October 5,2009

October 6, 2009

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India’s largest bank SBI has announced that they are reducing the interest rates on all their domestic fixed deposit schemes by 0.25%. This is with effective from October 5, 2009. “We have brought down term deposit rates gradually. Going forward, this will marginally improve our net interest margin. We have not taken a call on [...]

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Mahindra Finance Fixed Deposits

September 11, 2009

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Mahindra Finance Fixed Deposit Earlier I have written about the mahindra deposit schemes and its interest rates. This blog post presents the table with latest interest rates for Mahindra Finance Fixed Deposit. Below this table I have posted the contact person for opening the fixed deposit with mahindra finance. If you have any problem please [...]

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