Daily Latest News
When it comes to safe and secure investment options, many people prefer fixed deposits. In 2026, FDs have once again become popular as several banks and NBFCs are offering interest rates of up to 7.75% and even higher for senior citizens FDs are a preferred choice for those looking for a guaranteed monthly income because…
Last Updated:January 25, 2026, 1:09 PM IST If you have Rs 1 lakh to invest, NSC, FD, or Mutual Funds offer different risk-return profiles. Choose based on safety, liquidity, and long-term goals. FD: Fixed deposits have long been trusted by Indian investors and are available via banks and post offices. Currently, a 5-year post office…
What if three people spent the same amount every month for 20 years, one on a home loan EMI, one on a mutual fund SIP, and one in a fixed deposit? The outcomes, even at the same 8.5 percent return assumption, are vastly different. Adit Ahlawat, an AMFI-registered mutual fund distributor, broke down how the…
New Delhi: Chartered Accountant Meenal Goel asserts that investors can earn 12 percent returns by investing in a pre-owned insurance policy. According to Goel, purchasing a pre-owned insurance policy is similar to investing in a fixed-income option that yields higher returns. Goel explained in a LinkedIn post how someone can legally assign their life insurance…
In today’s time, saving your money and helping it grow is one of the best financial decisions you can make, as these will give you long term benefits, it doesn’t matter whether you are a senior citizen or part of the general public. Although, senior citizens mostly trust fixed deposits (FD) as it gives them…
New Delhi: Several small finance banks in India offer higher interest rates on FDs for senior citizen investors. Some small finance banks offer FD interest rates of up to 8.50 percent exclusively for senior citizens. These exclusive rates are available for select tenures and offer a safe investment choice with assured returns. On National Senior…
Last Updated:July 25, 2025, 7:30 p.m. is Whether it’s a sudden medical expense or any unplanned big-ticket spending, an emergency fund could help to meet such unexpected financial needs. An emergency fund is a dedicated pool of money for unexpected expenses. (Photo Source: Freepik) Life is full of surprises, and emergencies can occur when we…
New Delhi: Private sector lender ICICI Bank has slashed interest rates on Fixed Deposits (FD) across various tenures by up to 25 basis points (bps) for amounts less than Rs 3 crore. The latest FD rates are applicable from 10 June 2025, as per ICICI Bank website. Tenure With Premature Withdrawal…
New Delhi: Public sector lender Canara Bank has announced revision in its Fixed Deposit (FD) and Savings Interest rates for general citizens and senior citizens. The latest rates on FD is effective from 21 May 2025 while that on savings account is applicable from 19 May 2025. FD rates are applicable for deposits less than…
State Bank of India’s Amrit Vrishti is a 444-day fixed deposit (FD) scheme launched on July 15, 2024. It was reintroduced on April 15, 2025, after a previous run that concluded on March 31, 2025. Among all SBI FDs, this scheme offers the highest interest rate to senior citizens. On the other hand, Canara Bank’s…