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  The country's largest banks, State Bank of India (SBI), Canara Bank, IDFC First Bank and Kotak Mahindra Bank have recently revised the rates of interest on their fixed deposits (FD). Now the investor will get more interest on FD of some duration and less interest on FD of some duration. If you are also planning to make a fixed deposit, here we are telling you which bank is paying how much interest on the fixed deposit.   How much interest is being received on 2-year fixed deposit     Bank Interest Rate (in%) SBI 5.10 Canara Bank 5.40 IDFC First Bank 5.05 Kotak Mahindra Bnak 5.00 HDFC Bank 5.15 ICICI Bank 5.15 Punjab National Bank 5.20 Bank of Baroda 5.10 Bank of India 5.30 Union Bank 5.50     How much...

  Nearly all major banks in the country have cut interest rates on deposits due to large cuts in policy rates by RBI monetary policy in the last few months. The FD interest rates of many banks have come down to a minimum level of 10 years. Due to this, the attraction of investment deposit fix deposit (FD), which is very popular among Indians, is now decreasing.   In such a situation, investors are looking towards small finance banks to get higher returns. Small finance banks are still offering 8% interest rate on FD. These attractive interest rates attract investors, but they also have insecurity about small finance banks. Let us know how safe it is to invest in investment schemes of small finance banks.   Investors feel that when large banks are not offering high-interest rates, what is the reason that small finance banks are offering a higher interest rate. It is an important to know here that when large banks have heavy liquidity, they are less inclined to get ...

  The Reserve Bank of India has lowered the repo rate to 225 basis points since the beginning of 2019, affecting the interest rates of fixed deposits the most. However, now the demand for such investment options is increasing rapidly among people in whom returns are ensured and maximum returns are made. In fact, risk-averse investors such as senior citizens depend only on the monthly payment of their non-cumulative fixed deposits in the years following their retirement.   The reduction in a fixed deposit interest rates in recent times is a cause of great concern for investors, as their FD returns may prove inadequate to meet various financial goals on time. However, it may be beneficial to invest in a small finance bank for higher interest than fixed deposit returns, which are currently offering 2-4% higher rates than public and private banks.   However, before investing in the investors, get to know about its risk assessment and check the finances of these small ...

  You can get into trouble by investing money anywhere without thinking. This can also ruin your hard-earned money. In such a situation, if you want to invest your money somewhere where your money is safe and you also get returns, then you can invest in post office time deposit, monthly income scheme and bank fixed deposit in SBI. Today we are telling you how much you will get by investing in all these three places.   Post office time deposit scheme, it is a kind of fixed deposit (FD). You can take advantage of fixed returns and interest payments by investing lump sum money for a fixed period in it. The post office time deposit account offers a time deposit interest rate of 5.5 to 6.7 per cent for a period ranging from 1 to 5 years. According to the official website of India Post, one can avail tax exemption under section 80C of Income Tax Act, 1961 for investing on a fixed deposit account of 5 years. It has to invest a minimum of 1000 rupees. There is no maximum investment li...