In February 2025, six banks adjusted senior citizen fixed deposit rates, offering up to 9.1% amid a 0.25% RBI repo rate cut.

Each payout method, whether monthly, quarterly, year or lumpsum at the time of maturity, comes with its pros and cons.

A fixed deposit is a type of investment that offers a guaranteed return and more interest than a savings account. It enables you to invest a one-time lump sum payment for a fixed period.

Maximum interest rate of 7.75% for general and 8.25% for senior citizens applicable to tenures ranging from one year five ...

The NICB fraud has revived concerns over deposit safety in co-operative banks, with 430 such bank failures since 1962, ...

Fixed deposit investment provides return on the maturity of FD, but if they want, they can opt for monthly and quarterly ...

Explore the differences between PPF and fixed deposits, their interest rates, tax benefits, and suitability for your ...

Senior citizen fixed deposits are a safe and reliable investment option, but individuals must consider interest rates, tax ...

Senior citizen FDs are regarded as the most reliable and secure form of investment. Moreover, changes in market conditions ...

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also ...

Deposit requirements: Check the minimum Fixed Deposit requirement as it differs among banks. Eligibility criteria: Ensure ...

Investing does not have to be complicated. In fact, sometimes the simplest options are the best; take Fixed Deposits for ...