Archives for

HDFC Bank

Best Tax Saving Fixed Deposit Rates U/S 80C – March 2013

Its last month of the Financial Year and in case you have not yet invested completely for your 1 Lakh Tax exemption u/s 80C and looking for Tax Saving Fixed Deposit (FD) Schemes, here is the list of top 30 banks with their Interest Rates. The best Tax Saving Fixed Deposit Interest offered is 9.50% [...]

Home and Auto Loan becomes cheaper

Last week Reserve Bank of India (RBI) had cut both repo rate and cash reserve ratio by 25 basis points each. This has lead to several banks lowering their base rates. This in turn has lead to cheaper Home and Auto loan rates. The good news is most banks have not yet started lowering their [...]

Best Long Term Bank Fixed Deposit Rates – Jan 2013

With rates cut announced by Reserve Bank of India (RBI) yesterday, its good idea to lock investments in long term bank fixed deposit schemes. The table below shows the best bank fixed deposit rates for tenure of 5 years or more and the maturity amount for Rs 1 Lakh for General Public. Senior citizens can [...]

Renting Bank Lockers: Charges, Guidelines and Alternatives

Bank lockers have always been considered a safe and preferred place to store jewels, stock certificates, deeds and other valuables. While most banks offer such a facility, the locker size, annual rent, deposit required, time period and provision for refund differs for various banks. As you can see in the table below Private Banks like HSBC charge [...]

Which is the Best Credit Card in India?

In a recent survey named “The Total Customer Satisfaction Survey” by MaRs in association with the Hindustan Times, American Express turned out to be the best credit card in terms of customer satisfaction. The survey, carried out in 12 cities across India, reflects the responses of just under 3,000 credit card holders who rated their [...]

Stocks to Invest in 2013

Sensex and Nifty has been the third best performing Index after after Thailand’s SET and Germany’s DAX. FIIs too have pumped about $23 Billion till date in this year. Most experts believe that the next calendar year, 2013, does hold promise with the equity segment witnessing an increased retail participation, which inturn, may push the Sensex [...]

Top Tax Saving Fixed Deposit Schemes

Tax Saving Fixed Deposit under Section 80C of Income tax is a popular and safe instrument for Tax saving. You can invest maximum of Rs. 1 Lacs in the same. Below is the list of banks and their respective interest rates offer for general and senior citizens for their Tax Saving FDs. The best Tax [...]

Tax Saving Fixed Deposit (FD) u/s 80C – Interest Rates

Tax Saving Fixed Deposit under Section 80C of Income tax is a popular and safe instrument for Tax saving. You can invest maximum of Rs. 1 Lacs in the same. Below is the list of banks and their respective interest rates offer for general and senior citizens for their Tax Saving FDs. The best Tax Saving [...]

Best Bank Fixed Deposit Rates – August 2012

Below is the list of top banks Term Deposit or fixed deposit (FD) rates for tenure of 6 Months – 1 Year, 1 – 2 Years, 2 – 3 Years, 3 – 5 Years and more than 5 years as of August 3, 2012. The best fixed deposit rates for 6 months to less than [...]

Best Bank Fixed Deposit Rates – April 2012

Below is the list of top banks Term Deposit or fixed deposit (FD) rates for tenure of 6 Months – 1 Year, 1 – 2 Years, 2 – 3 Years, 3 – 5 Years and more than 5 years. The best fixed deposit rates for 6 months to less than a year is offered by Corporation Bank at 9.75% [...]

Recurring deposits – Start now to Gain from High Interest Rates?

If you are looking for investing your money in debt instruments, it’s the right time to do so. RBI (Reserve Bank of India) on March 9, 2012 has reduced CRR rates by 0.75%. This means banks would have more money to lend and so loan rates are expected to go down and so are fixed [...]

ICICI Bank Introduces New Savings Account Charges

Following the footsteps of HDFC Bank, India’s largest private sector lender, ICICI Bank, has increased service charges on savings bank accounts and has also imposed a fee on mobile transfers. Starting April 2012, ICICI Bank will charge a penalty of Rs 350 for non-maintenance of a minimum monthly balance. The bank earlier charged Rs 750 [...]

The advantage of being Woman – Financially!

There are advantages of being a woman – both financially and other wise. But this post focuses on the advantages the women have in the financial world. Income Tax Benefit: Under the current tax regime, women pay less tax than men. For the present financial year (2011 – 12), the tax exemption limit for women [...]

SBI Send Cash In A Flash – SBI’s new Money Transfer System

State bank of India (SBI) in association with MasterCard MoneySend Card to Card Service has launched “Send Cash in a Flash” Money Transfer Mechanism. This service seems to be pretty innovative and simple. Below are the highlights of the service: The service is available to all State group bank account holders The money transfer is [...]

Best NRE Fixed Deposits Rates In India – March 2012

With deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) Deposits in December 2011, banks have started offering very competitive interest rates for NRE fixed deposits. The icing on the cake is the principal and interest earned on NRE fixed deposits are tax free in India. The table below lists down some of the best NRE Fixed [...]

Cheapest Personal Loan, Education Loan, Auto Loan & Gold Loan Interest Rates – March 2012

Below is the list of top 5 banks offering cheapest Personal Loan, Education Loan, Auto Loan & Gold Loan Interest Rates for March 2012. Personal Loan Upto Rs. 2 Lakhs Bank Interest Rate ICICI Bank 14% – 18% Axis Bank 14.5% – 21% Syndicate Bank 15.50% HDFC Bank 15.5% – 22% Punjab National Bank 15.75% Auto Loans Upto [...]