FDS News

The highest return one can get from SBI FD investment is 7.1 percent. This benefit can be availed by investing in the Amrit Kalash Scheme. SBI offers a diverse range of investment options.

The special interest rate is applicable for deposits made between May 18, 2020, and April 15, 2024.

This is a comparison of the State Bank of India (SBI), ICICI Bank, and HDFC Bank's fixed deposit interest rates.

The maturity period of FDs is from 7 days to 10 years. Here's the comparison of different FD rates. The rates mentioned above are as of March 20.

For 7 days to 45 days FD, the rates are 3.5% for general investors. Senior citizens will get a 4% return on the same FDs. General investors will get 6.5% for 5 years to 10 years of FD.

These investments may help lower your taxed income. There are various ways for taxpayers to reduce their tax obligations. Tax saving can be broadly categorized into two expenses and investments.

The bank offers a range of interest rates depending on the maturity period of the FD.

The bank offers a range of interest rates based on the tenure of the FDs.

Fixed Deposit is an ideal investment instrument if you have financial objectives that you need to meet within a set amount of time. Here are the FDs rates offered by SBI right now.

Systematic Investment Plan (SIP) is not just an investment tool; it's a way to build a reliable income for your future. 

Investors can lock in their funds for a duration spanning from 7 days to 10 years. HDFC Bank offers interest rates between 3% and 7.2% for deposits under Rs 2 crore. Senior citizens enjoy an additional 0.5 percent interest across all tenures.

For the general public, SBI offers FD interest rates ranging from 3.5 percent to 6.5 percent per annum.

HDFC Bank offers a 7 percent interest rate for regular investors. PNB joins the list with a 6.5 percent interest rate for the general public. SBI provides a 6.5 percent interest rate for regular public investors.

 Currently, SCSS offers a guaranteed interest rate of 8.2 percent, effective from January 1, 2024.

If you save just Rs 5,000 per month and invest it in PPF, Fixed Deposits, or Mutual Funds, you could potentially accumulate a fund worth a crore.

Read on to find out the latest fixed deposit (FDs) rates offers by the public sector banks.

The rate of interest plays a significant role in determining the return on investment.

BoB disclosed that interest rates on term deposits up to Rs 2 crore will witness an increase ranging from 10 basis points to a significant 125 basis points across different maturity brackets.

Investors eyeing a 5-year horizon can explore a variety of fixed deposit options.

For non-withdrawable fixed deposits, HDFC Bank is now offering a maximum return of 7.45 percent for tenures spanning one to two years, and 7.2 percent for durations ranging from two to ten years.