Archives for

IDBI 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% [...]

50 Best Fixed Deposit Rates for Senior Citizens – March 2013

I had written about 50 Best Fixed Deposit Schemes for General Public and I got request to publish a similar list for Senior Citizens. Historically banks used to give at least 0.5% more interest to senior citizens. But things are changing now. Recently State Bank of India (SBI) and Punjab National Bank (PNB) have revised their [...]

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 [...]

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 [...]

High Dividend Yield Stocks – September 2012

ICICI Securities has come out with a report on High dividend yield stocks for August and September 2012. High dividend yield stocks offer a safe haven to investors where safety has greater priority compared to high returns. These are stocks which would declare their dividend within a month. You would be eligible to receive the dividend if [...]

SBI offers lowest Home Loan Rates

India’s largest bank – State bank of India (SBI) had recently cut its Home Loan rates. This is lowest home loan rate in the market as of today. The new Home Loan rates are effective from August 7, 2012. The rate of interest is 10.25% for Home loan up to Rs. 30 Lacs and 10.40% [...]

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% [...]

Best Home Loan Rates – April 2012

Below is the list of Home Loan providers with the monthly EMI one needs to pay on the home loan of Rs. 1 Lakh. The lowest Home loan is provided by SBI and ICICI Bank for all Home Loan tenure. The best home loans have been highlighted. Home loan EMI per Rs. 1 lakh for [...]

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 [...]

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 [...]

Best Bank Fixed Deposit Rates – March 2012

Below is the list of top 5 bank fixed deposit rates for tenure of 1, 2 ,3 and 5 years. Best Fixed Deposit Rates for Tenure of 1 Year Banks Interest Rate (%) Maturity Amount for Rs. 10,000 Lakshmi Vilas Bank 10.50% 11,092 Karnatka Bank 9.75% 11,011 Catholic Syrian Bank 9.60% 10,995 Dena Bank 9.50% [...]

Best Home Loan Rates – March 2012

Best Home Loan Rates for Home Loan of Less than Rs 10 Lakhs For Tenure of 10 Years For Tenure of 20 Years LIC Housing Finance 10.65% LIC Housing Finance 10.65% Axis Bank 10.75% Axis Bank 10.75% Bank of India 10.75% State Bank of India 10.75% State Bank of India 10.75% Bank of India 11.00% [...]