LOAN AGAINST FD
What are Gen Z’s top 3 rules for investing & what are the red flags? Pranjal Kamra explains Pranjal Kamra warns against accumulating personal loans and credit cards, emphasizing the importance of understanding asset classes, maintaining risk control, and being debt-free to avoid financial pitfalls. Kamra also says that for a beginner, it i...
06 May, 2024, 10.38 AM ISTUp to 9% interest rate: Corporate FDs vs bank fixed deposits; Which offers higher interest rate? What is a corporate FD: Similar to bank fixed deposits, corporate FDs provide interest earnings and offer flexibility in choosing the investment amount and duration. Fixed Deposits serve as a popular choice for long-term investments, particularly fo...
09 Apr, 2024, 11.54 AM ISTRBI MPC announcements today: FD investors likely to get more time to book fixed deposits at current high rates; all eyes are on RBI RBI MPC announcements on April 5, 2024: Fixed Deposit (FD) investors will keenly watch the Reserve Bank of India's (RBI) first Monetary Policy Committee (MPC) meeting of the new financial year, scheduled today. RBI Governor Shaktikanta Das will unve...
05 Apr, 2024, 09.45 AM IST- ADVERTISEMENT
NCLT admits insolvency resolution plea against the erstwhile promoter of DHFL Kapil Wadhawan The National Company Law Tribunal (NCLT) has admitted Union Bank of India’s insolvency application against Kapil Wadhawan, former promoter of DHFL, for a Rs 3,958-crore default. Devendra Mehta is appointed as the resolution professional. DHFL's cred...
04 Apr, 2024, 02.07 PM ISTHow to open tax saving fixed deposit in ICICI Bank ICICI Bank tax-saving FD: ICICI Bank offers 7% interest on tax saving fixed deposit for general citizens and 7.50% for senior citizens. The minimum deposit limit for a Tax Saver FD is Rs 10,000 and the maximum is Rs 1,50,000.
24 Feb, 2024, 02.11 PM ISTRetirement planning: Is it possible to save Rs 2 crore in 12 years for my retirement? Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
13 Feb, 2024, 12.31 PM ISTWhat is the interest rate for SBI Green Rupee Term Deposit? SBI has launched SBI Green Rupee Term Deposit in an effort to raise cash for funding green activities and projects, as well as to expand the country's green finance ecosystem.
15 Jan, 2024, 05.15 PM ISTTax-saving fixed deposits with up to 7% interest rate: Top banks offering best rates on tax-saving FDs This tax-saving option is available for those who opt for the old tax regime. Here are top banks tax saving FD interest rates as on January 10, 2024
11 Jan, 2024, 11.48 AM ISTSBI Amrit Kalash: Only few days left to invest in this special FD with higher FD rates State Bank of India offers interest rates between 3% and 7% (except Amrit kalash) for general citizens for amounts below Rs 2 crore and for senior citizens, interest rates offered are between 3.50% and 7.50%.
12 Dec, 2023, 11.06 AM IST3 banks special FDs with higher interest rates ending on December 31 The following special fixed deposits (FDs) from different banks, including SBI, are recommended for depositors who want to get a higher return on their FDs before they expire in December 2023.
09 Dec, 2023, 12.17 PM IST7 features that make Bajaj Finance FDs an ideal investment choice Bajaj Finance Fixed Deposits emerge as a standout choice, offering many features that cater to the diverse needs of investors. Read to know more
08 Dec, 2023, 10.42 AM IST7 types of loans you can avail if you need funds quickly Here are seven types of loans you can consider if you need money at short notice.
25 Oct, 2023, 03.29 PM ISTWill banks start reducing fixed deposit (FD) interest rates now? All eyes on RBI MPC announcements on August 10 Several major public and private sector banks have reduced interest rates since May 2023. Axis Bank, Punjab National Bank (PNB), Union Bank of India, and IndusInd Bank are among the banks that have cut interest rates on their fixed deposits in the l...
09 Aug, 2023, 08.51 PM ISTPremature withdrawal of bank fixed deposit or a loan against FD? How to decide Premature withdrawal of bank FD or loan against FD: It may not always be a prudent idea to break off years of savings especially when the money is locked in at an attractive rate and liquidation is likely to result in a significant loss. How to deci...
04 Aug, 2023, 01.26 PM ISTSBI special FD with higher interest rate: What is the last date to invest in SBI’s Amrit Kalash deposit? SBI Amrit Kalash is a 400-day term deposit offering a rate of 7.1% interest for regular customers and 7.6% for senior citizens. Customers can book SBI Amrit Kalash FD through the SBI branch, internet banking, and the SBI YONO app.
01 Aug, 2023, 01.29 PM ISTLoan against FD is cheaper, easier option for short-term needs; when should you go for it? Fixed deposit or FD: A loan against your fixed deposit (FD) is one of the most cost-effective and easiest possible loans available in the market. If you have a fixed deposit and want a loan, the bank will lend you the money against your deposit. How...
07 Jul, 2023, 01.04 PM ISTSBI loan against fixed deposit:6 things to know SBI loan against fixed deposit:6 things to know
10 Jun, 2023, 02.27 PM ISTHow SBI Annuity Deposit Scheme scores against SCSS, POMIS and LIC annuity scheme SBI Annuity Deposit Scheme offers a good way to generate high regular monthly income. This product appears attractive, especially to senior citizens as it offers higher FD rates offered to senior citizens by the SBI. However there are other popular ...
02 May, 2023, 03.53 PM ISTLoans against fixed deposit grow the fastest Loan against FD (Fixed Deposit) is a type of secured loan where customers can pledge their fixed deposit as security and get a loan in return. The amount of the loan depends on the FD deposit amount. This can go up to 90% – 95% of the deposit amount.
26 Apr, 2023, 06.12 PM ISTHow SBI customers can avail loan against FD You can use your FD as collateral to secure the loan amount with a loan against fixed deposit. For this type of loan, the existing fixed deposit is used as security instead of the CIBIL score being examined.
27 Aug, 2022, 12.01 PM IST