It is essential to maintain the right balance between savings and investments allocation to build your wealth
Fixed deposits: Many people continue to park their money in FDs mainly because of the predictability factor.
The interest rates on tax-saving fixed deposits vary from bank to bank.
Fixed deposits: Some private lenders are offering better FD rates across all tenures and also for less-than-36 months.
The term “investment” is vast and as a beginner, it can be quite confusing to decide on which is the best investment option
Fixed deposit rates: Axis Bank and Kotak Mahindra Bank have revised interest rates on fixed deposits.
If you park your money in post office FD for five years, it will give you 6.7% return.
However, three out of the four schemes including that of State Bank of India (SBI) cannot be availed after 30th of September
Fixed deposits: Mainly private lenders are offering better rates than public sector lenders in 3-5-year FDs.
If you are planning to invest in fixed deposits, it's always better to know the recent changes and compare the interest rates