State Bank of India (SBI) had increased its fixed deposit rates by 0.25% on certain maturities from March 1, 2013. With the revision, the interest rate on 1-2 years fixed deposit would go up to 8.75 per cent, from 8.50 per cent. Similarly, term deposit 2-3 years, 3-5 years and 5-10 years would also earn higher […]
SBI NRE/NRO, Senior Citizen Fixed Deposit Rates – March 2013 Read More »
With the recent policy rate cuts from Reserve Bank of India (RBI), State bank of India (SBI) has cut its home loan rates by 0.05%. This has made SBI home loan cheapest in the market. The new Home Loan rates from SBI are 9.95% for Loans below 30 lakh and 10.10% for loans of more
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
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
Renting Bank Lockers: Charges, Guidelines and Alternatives Read More »
Its Tax Saving Season and all financial institutions are trying to en-cash this opportunity. If you are risk averse then five year tax saving deposit is one of the best avenues to save tax. UCO bank in its advertisement has published its annual yield, but has conveniently ignored to print the actual interest offered. I
UCO Tax Saver Deposit Scheme – Interest & Annual Yield [Miss-selling Advertisement] Read More »
