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Fixed Deposit

Five best money-making tips for young earners

A young earner has less responsibilities in the beginning of a career and his/her potential to take risk is high.

Mar 19, 2018, 09:03 AM IST

Earn big through flexi bank account: Here is how

A flexi bank account gives you higher interest rate benefit of a fixed deposit and liquidity of a saving account or in other words, it operates as the best-of-both-worlds for customers.

Feb 27, 2018, 10:12 AM IST

ICICI, HDFC Bank, Canara, United Bank cut Fixed Deposit rates by up to 1%

Largest private lender ICICI Bank and HDFC Bank cut their deposit rates by up to 0.25 percent while Kolkata-based United Bank of India did it for short-term deposits by 1 percent.

Nov 17, 2016, 16:57 PM IST

SBI cuts FD rates on select maturities by 0.15%

Flush with cash due to the demonetisation exercise of the government, State Bank of India (SBI) today slashed fixed deposit rates on select maturities by up to 0.15 percent.

Nov 17, 2016, 00:04 AM IST

How to Use Fixed Deposits as Tax-saving Instruments?

Fixed deposits, which are popularly used as investment instruments, can also be harnessed to save your income from the tax burden. Find out what is the the difference between tax-saving fixed deposits and normal fixed deposits.

Oct 02, 2015, 13:29 PM IST

PNB cuts FD rate by up to 0.50%

State-owned Punjab National Bank Wednesday reduced interest rate on fixed deposits on select maturities by up to 0.50 percent.

Aug 05, 2015, 23:11 PM IST

PNB, Axis Bank cut fixed deposit rate by 0.25%

Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.

Jun 03, 2015, 22:08 PM IST

SBI extends overdraft facility against FD for online customers

Country's largest lender State Bank of India Tuesday said it has extended overdraft facility against fixed deposit for its internet banking users.

May 19, 2015, 21:40 PM IST

PNB cuts fixed deposit rates by 0.25%

State-owned Punjab National Bank Thursday reduced interest rate on fixed deposit by 0.25 percent on select maturities, a moves which is seen as precursor to cut in the lending rate.

Apr 16, 2015, 22:18 PM IST

RBI asks banks to modify FD form on pre-mature fund withdrawal

The RBI Thursday asked banks to modify Fixed Deposit (FD) account opening forms to allow pre-mature withdrawal of FD on death of one of the joint account holders without any penalty.

Aug 16, 2012, 22:15 PM IST

RBI asks banks to keep interest rates variations on FDs to minimum

The Reserve Bank Tuesday asked banks to ensure the variation in interest rates on single-term deposits of Rs 15 lakh and above and other deposits is minimal for corresponding maturities.

Aug 14, 2012, 21:20 PM IST

RBI instructions on withdrawal of FDs with co-op banks

The Reserve Bank of India (RBI) today asked cooperative banks not to insist on signatures of both the joint account holders for withdrawal of a fixed deposit at the time of maturity if the account was opened with instruction that 'either or survivor' could operate it.

Nov 18, 2011, 00:26 AM IST

Three yrs fixed deposit term Tsunami beneficiaries

The term of fixed deposit has been reduced from 10 years to 3 years for beneficiaries of Tsunami affected areas of Andaman & Nicobar Island.

Jul 28, 2011, 19:02 PM IST

Tata Motors invites FDs from public to raise Rs 1,500 cr

Within less than a year, the country`s largest auto maker, Tata Motors, has come to the public for the second time to raise about Rs 1,500 crore via fixed deposit schemes.

Aug 26, 2009, 20:07 PM IST