Suryoday Small Finance Bank News
HDFC Bank said that the RBI’s approval is valid for a period of one year from the date of RBI’s letter, i.e., till February 4, 2025.
Most small finance banks offer higher interest rates.
Bank customers can easily switch to small finance banks to earn a better interest rate on their savings.
Section 80C of the Income Tax Act allows for tax deductions on investments up to Rs 1.5 lakh.
Suryoday Small Finance Bank pays up to 6.75 percent interest on tax-saving deposits.
Yes Bank is giving up to 6.5 percent return on tax-saving deposits.
Senior citizens are looking at safer bets to invest their life earnings.
A few smaller private banks are offering a 7.50% interest rate on three-year FDs for senior citizens.
Yes Bank is offering 7.50% on three-year FDs for senior citizens.
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