Corporate deposits are similar to bank FDs. These deposits are offered by companies and carry higher interest rates.
Take a look at best interest rates which public and private sector banks are offering to common people as well as senior citizens
Small finance banks are offering up to 6.75% interest rates for the general public and 7.25% for senior citizens
Money9 Helpline hosted Finscholarz’s Renu Maheshwari to explain the do's and don'ts of taking a loan.
Interest rate risk comes in when you lock in at a lower interest for a 5-year tax saving FD.
Bank of Baroda is providing senior citizens the maximum benefit by offering a full 1 percentage point higher than normal rates
Emergency fund should be kept either in savings account or parked in instruments from which it can be easily liquidated
Among the PSU banks, Union Bank of India is currently offering the best rate on 3-year FDs
Multiple financial companies and NBFCs provide an option to deposit money for a fixed term at a prescribed interest rate
In the near future, an increase in small savings plans will be encouraged by widening interest rate gaps between bank deposits and savings plans