How Much You Can Earn Through FD Monthly Interest
Posted on Thursday, September 26th, 2024 |
You may already be familiar with the advantages of fixed deposits, such as risk-free returns, loan facilities, Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance coverage, and tax benefits. But did you know that you can opt for monthly interest payouts as well? IndusInd Bank Fixed Deposits offer this feature along with competitive interest rates,…
Read moreSecuring Your Child’s Future: The Role of Fixed Deposits
Posted on Tuesday, April 30th, 2024 |
Ensuring a bright and secure future for our children is a top priority for parents. While there are numerous avenues to invest in their future, fixed deposits (FDs) emerge as a reliable option offering stability, security, and growth potential. Let’s delve into how FDs can play a pivotal role in securing your child’s future. Financial…
Read moreHow Does the FD Minimum Period Differ Across Various FD Types?
Posted on Saturday, October 28th, 2023 |
The minimum periods and FD interest rates vary based on the specific FD type and terms provided by the bank or financial institution. According to data from the RBI, there are 24.23 million FDs in India, valued at more than INR 103 trillion. This exceeds the total amount of INR 59.7 trillion held in savings…
Read moreWhich Deposit Account Has the Highest Interest Rate?
Posted on Friday, October 27th, 2023 |
In today’s dynamic financial landscape, securing your financial future has become more crucial than ever before. Fixed deposits help you achieve this by offering high interest rates and stable returns. IndusInd Bank’s FD schemes offer best-in-class FD interest rates, tax benefits, and flexible interest payment options. Book an FD online with IndusInd Bank in a…
Read moreWhat Factors Does a Bank Consider When Fixing FD Interest Rates?
Posted on Thursday, September 28th, 2023 |
Fixed Deposits (FDs) are popular with individuals seeking a secure and steady way to grow their savings. To fix fixed deposit interest rates, banks consider a multitude of factors – repo rate, liquidity needs, maturity, and investment tenure. IndusInd Bank’s commitment to providing competitive FD interest rates, along with flexible investment choices, gives customers the…
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