Customers are usually allowed to close their fixed deposits before the maturity date. However, if you decide to do this before the full tenure, you may not receive the full interest on your investment and may face a penalty. Essentially, interest will be paid only for the time your deposit was with the bank. When you close the FD, the…
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Fixed deposit rates by various banks and NBFCs
Fixed deposits have turned into an alluring investment and speculative alternative for a dominant part of hazard loath specialists and in addition senior residents as far back as their loan fees began rising again this year. Furthermore, the FD rates will undoubtedly go up in this rising financing cost administration, or, in other words for speculators hoping to put resources…
Read MorePost Office Savings Schemes: Savings Account Vs Recurring Deposit Vs Fixed Deposit (FD) Vs MIS Vs Sukanya Samriddhi
India Post is India’s heart and has been the most reliant postal system till date. India Post is coming up with several savings schemes which will not only help you to save money but also offers lucrative investment return. There are currently five savings schemes offered by India Post, which are- savings account, fixed deposit account, recurring deposit account, Sukanya…
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