This document provides a summary of the latest fixed deposit (FD) interest rates offered by various banks in India for January 2020. It lists the interest rates offered by foreign banks, private banks, and public sector banks for FDs with tenures of 1, 2, 3, 4 and 5 years. The highest rates are offered by Deutsche Bank, Lakshmi Vilas Bank, RBL Bank, Development Credit Bank and others for different tenures. The document also answers some frequently asked questions about bank FDs.
In this article, we would provide the Government of India Savings (Taxable) Bonds details now in 2020, Interest Rates, Yield and who should invest in such bonds.
There is a Saying, “ IF YOU FAIL TO PLAN, YOU PLAN TO FAIL” .. i.e. “If you fail to plan, you are planning to fail.”Finance is a very integral part of our lives. We work hard all throughout, fulfilling wishes like buying a house, going on a dream vacation, children’s marriage, child’s education and much more. But all the hard work will not have any significance if one doesn’t make a proper Goal plan for their future. A proper plan of investments Mix that will give good yields at proper time is a must for everyone.
In this article we would provide some of the Best Balanced Advantage mutual funds to invest in 2020 in India for the medium to long term #Balancedadvantagemutualfunds #Balancedadvantagefunds
In every movie, at the end everything goes well and movie ends happily and if it didn’t, then... "Picture abhi baaki hai mere dost"
How happy we’ll be if our life turns out to be like a movie, no? But the truth is … Life is not a movie. We all know about the hardship and struggle of life. But YES, if we plan our finances and manage it properly then we can surly make the story of our life “Happy".
So where ever you are and in whatever condition, let's start planning our finance because."Picture abhi baaki hai mere dost...". We at financial Hospital is coming with a session on how to plan and where to find safe heaven for your finance. Read on to make yourself a super hero of your own life movie.
In this article, we would provide the Government of India Savings (Taxable) Bonds details now in 2020, Interest Rates, Yield and who should invest in such bonds.
There is a Saying, “ IF YOU FAIL TO PLAN, YOU PLAN TO FAIL” .. i.e. “If you fail to plan, you are planning to fail.”Finance is a very integral part of our lives. We work hard all throughout, fulfilling wishes like buying a house, going on a dream vacation, children’s marriage, child’s education and much more. But all the hard work will not have any significance if one doesn’t make a proper Goal plan for their future. A proper plan of investments Mix that will give good yields at proper time is a must for everyone.
In this article we would provide some of the Best Balanced Advantage mutual funds to invest in 2020 in India for the medium to long term #Balancedadvantagemutualfunds #Balancedadvantagefunds
In every movie, at the end everything goes well and movie ends happily and if it didn’t, then... "Picture abhi baaki hai mere dost"
How happy we’ll be if our life turns out to be like a movie, no? But the truth is … Life is not a movie. We all know about the hardship and struggle of life. But YES, if we plan our finances and manage it properly then we can surly make the story of our life “Happy".
So where ever you are and in whatever condition, let's start planning our finance because."Picture abhi baaki hai mere dost...". We at financial Hospital is coming with a session on how to plan and where to find safe heaven for your finance. Read on to make yourself a super hero of your own life movie.
• Independent advisors and distributor of financial products, real estate & loans
• Vast Industry experience with comprehensive knowledge of financial products, real estate & mortgage
• Working with Business Class, Professionals, Self Employed & employees of Corporates such as GE Capital, Evalueserve, Simon Carves, Metso Minerals, Canon, McKenzie, Genpact, Cairn India, Philips, Punj Lloyd, Cargill, Hughes, etc.
A simple presentation which will help you understand the smarter way to investing through Goal-Based planning. It will help you understand the way to maximise returns at low risks.
Avoid Dreadful Mistakes While Investing in Mutual FundsInvestmentz
If you don’t balance your earnings and spending, you will never save enough to invest which is a sure way to crash-land since you will never know when you ran out of fuel.
2020 was an eventful year for Fixed income space with RBI providing 135 bps rate cut, supporting the system with ample
liquidity in the second half of the year, RBI’s shift from OMO’s for liquidity to Operation Twist to reduce term premiums,
RBI’s unexpected pause in policy rate cuts in December etc. In the midst of all this, the benchmark 10 year treasury yield
ended the year lower by ~87 bps as compared to last year and settled at 6.55%.
Read the full document to know more.
• Independent advisors and distributor of financial products, real estate & loans
• Vast Industry experience with comprehensive knowledge of financial products, real estate & mortgage
• Working with Business Class, Professionals, Self Employed & employees of Corporates such as GE Capital, Evalueserve, Simon Carves, Metso Minerals, Canon, McKenzie, Genpact, Cairn India, Philips, Punj Lloyd, Cargill, Hughes, etc.
A simple presentation which will help you understand the smarter way to investing through Goal-Based planning. It will help you understand the way to maximise returns at low risks.
Avoid Dreadful Mistakes While Investing in Mutual FundsInvestmentz
If you don’t balance your earnings and spending, you will never save enough to invest which is a sure way to crash-land since you will never know when you ran out of fuel.
2020 was an eventful year for Fixed income space with RBI providing 135 bps rate cut, supporting the system with ample
liquidity in the second half of the year, RBI’s shift from OMO’s for liquidity to Operation Twist to reduce term premiums,
RBI’s unexpected pause in policy rate cuts in December etc. In the midst of all this, the benchmark 10 year treasury yield
ended the year lower by ~87 bps as compared to last year and settled at 6.55%.
Read the full document to know more.
It is estimated that 50% of equity assets held by retail investors do not remain for more than 2 years (Source: Amfi, data as on quarter ended June 2023)
As you can see from the illustration alongside, the growth of investment at a CAGR of 10% is gradual for the 1st 2 years but becomes significant by the 5th year and more than doubles over 10 years.
This is called compounding and generally kicks in by the 5th year and beyond. Compounding is required when the investor is aiming to create wealth.
As a Retirement Mutual Fund has a lock-in of 5 years you automatically get the benefit of compounding.
Better Credit Quality Fund Bouquet – A Good iciciprumf
Considering the current market volatility and attractive spreads that corporate bonds offer over the repo, we believe that the best strategy may be to invest in a portfolio with higher
exposure towards corporate bonds and money market instruments with low to moderate duration, which may provide better risk adjusted returns.
Six golden rules you need to keep in mind while taking loans. To get more interest updates follow us on :
Follow Us On:
Blog - https://www.mymoneykarma.com/blog/
Facebook - https://www.facebook.com/mymoneykarma/
Linkedin - https://www.linkedin.com/company/my-m...
Twitter - https://twitter.com/mymoneykarma/
Financial Planning is a long term process through which you can achieve your financial goals. We at Financial Hospital bring to you a presentation to help you understand the basics of having a healthy and planned financial future.
The Benchmark 10-Year Gsec yield closed at 7.41% up by 6 bps based on month end values. The yields hardened despite
the Monetary Policy Committee (MPC) delivering a 25bps rate-cut in the month of April. This upward movement of yields
clearly highlights that, in addition to the rate cut market was anticipating a change in the policy stance.
Read the full document to know more.
There are many benefits available for Senior Citizens to make their post retirement journey merrier. Moreover, right investment choices can make them financially capable to live it up. Let’s have a look at few special benefits & investment options available for senior citizens.
Similar to Best fd interest rates jan 2020-highest fd rates (20)
This article provides some of the Top and Best Health Insurance Plans in India in 2020. You can review and consider appropriate health insurance that is best suitable to you
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
1. Subscribe to get this tips to your email
Enter your email address to subscribe to this
blog and receive notifications of new posts by
email.
Join 26,630 other subscribers
Email Address
Subscribe
Person Behind this blog
Suresh KP i.e. me, have written 1800+
articles on this Blog. I love doing analysis on
various Best Investment Plans like mutual
funds, Stocks, IPO’s, NCD Bonds, Insurance
products. If you like our blog, you can share
some of the good articles on your Facebook
or Twitter. This would be the BIGGEST gift
which you would be giving to us.
Trending Posts
Top 10 Best Mutual Funds 2020 - Best SIP
Plans in India
Latest Post Office Interest Rates - Jan to
Mar-2020
Tata Quant Fund Invest based on
Quantitative Model – Should you invest?
50 Profitable Small Scale Business Ideas
with low investment
20 Small Manufacturing Business Ideas
under Rs 10 Lakhs
Best FD Interest Rates in Jan-2020 | Highest Bank FD Rates
January 4, 2020 Suresh KP
Best Fixed Deposit Interest Rates in Jan-
2020
Bank Fixed deposits provide fixed and stable
income for moderate to low risk investors.
While banks have been reducing FD interest
in the last few months, there are several
banks that are offering highest FD rates. We
have been tracking FD interest rates and
providing Bank fixed deposit rates comparison table on a regular basis. In this article, we
would provide Latest Bank FD Interest Rates in Jan-2020. We would also provide Best FD
Interest Rates from banks for 1 year, 2 years, 3 year, 4 year and 5 years tenure.
Also Read: Best Mutual Funds to invest in 2020
Latest Bank FD Interest Rates in Jan 2020 – Foreign Banks in India
Home > Fixed Income > Best FD Interest Rates in Jan-2020 | Highest Bank FD Rates
Home About Us Privacy Policy Contact us Disclaimer
Stocks Mutual Funds Insurance Plans Small Business Ideas Latest Interest rates Suggest a topic
SPONSORED SEARCHES
fixed deposit interest rates mortgage interest rates today
low income housing highest fd interest rates
Search …
2. Category of Articles
Classroom Lessons (134)
Fixed Income (290)
Insurance Plans (180)
IPOs (35)
Millionare/Crorepathi Ideas (24)
Money Saving Ideas (36)
Mutual Funds (254)
NCDs (12)
Other-Ideas (193)
Retirement Planning (41)
Small Business Ideas (43)
Stocks (375)
Taxation (113)
Here are the latest FDs from foreign banks in India that are offering interest rates
between 5% to 7.75% per annum for 1 year to 5 years tenure. Deutsche Bank is the only
bank that is offering highest FD interest rates now.
Bank 1 Year 2 Years 3 Years 4 Years 5 Years
Deutsche Bank 5.50% 7.00% 7.00% 7.25% 7.75%
Citibank 5.00% 5.00% 5.00% 5.25% 5.25%
HSBC 5.00% 5.00% 6.00% 5.00% 5.00%
Latest Bank FD Interest Rates in Jan-2020 – Private Banks
Here are the latest FDs from private banks in India that are offering interest rates
between 6.1% to 7.7% per annum for 1 year to 5 years tenure.
Bank 1 Year 2 Years 3 Years 4 Years 5 Years
RBL Bank 7.45% 7.50% 7.50% 7.50% 7.25%
Tamilnad Merchantile Bank 6.85% 6.90% 6.75% 6.75% 6.75%
Development Credit Bank (DCB) 7.00% 7.40% 7.70% 7.50% 7.50%
KVB 6.35% 6.45% 6.45% 6.45% 6.45%
Federal Bank 6.50% 6.60% 6.60% 6.60% 6.60%
HDFC Bank 6.30% 6.30% 6.40% 6.30% 6.30%
Lakshmi Vilas Bank 7.50% 7.50% 7.50% 7.50% 7.25%
Yes Bank 7.25% 7.25% 7.25% 7.25% 7.25%
Axis Bank 6.40% 6.50% 6.50% 6.50% 6.50%
Citi Union Bank 6.60% 6.35% 6.35% 6.35% 6.35%
ICICI Bank 6.20% 6.30% 6.40% 6.40% 6.40%
Karnataka Bank 6.60% 6.60% 6.50% 6.50% 6.50%
Kotak Bank 6.30% 6.25% 6.20% 6.20% 6.10%
Indusindbank 6.65% 6.75% 6.75% 6.75% 6.75%
IDFC First Bank 7.25% 7.25% 7.25% 7.25% 7.25%
Bandhan Bank 7.25% 7.40% 7.35% 7.35% 7.25%
Latest Bank Fixed Deposit Rates in Jan-2020 – Public Sector Banks
3. Here are the latest FDs from public sector banks in India that are offering interest rates
between 6% to 7.5% per annum for 1 year to 5 years tenure.
Bank 1 Year 2 Years 3 Years 4 Years 5 Years
Corporation Bank 6.60% 6.50% 6.50% 6.50% 6.50%
Indian Overseas Bank 6.40% 6.40% 6.40% 6.40% 6.40%
Punjab National Bank 6.30% 6.30% 6.25% 6.25% 6.25%
Allahabad Bank 6.50% 6.35% 6.25% 6.25% 6.25%
Andhra Bank 6.00% 6.10% 6.10% 6.10% 6.10%
Bank of Baroda 6.25% 6.25% 6.25% 6.25% 6.25%
Canara Bank 6.40% 6.00% 6.25% 6.25% 6.25%
Central Bank of India 6.30% 6.25% 6.25% 6.25% 6.25%
IDBI Bank 6.45% 6.40% 6.25% 6.25% 6.25%
Union Bank of India 6.30% 6.30% 6.30% 6.30% 6.30%
Oriental Bank of Commerce 6.25% 6.25% 6.25% 6.25% 6.25%
State Bank of India (SBI) 6.25% 6.25% 6.25% 6.25% 6.25%
Bank of India 6.40% 6.25% 6.25% 6.25% 6.25%
Indian Bank 6.45% 6.50% 6.50% 6.50% 6.30%
Syndicate bank 6.40% 6.50% 6.25% 6.25% 6.25%
Repco Bank 7.50% 7.50% 7.00% 7.00% 7.00%
Best FD Interest Rates for 1 year tenure
Here are the list of banks that are offering highest FD rates for 1 year tenure. If you have
short term need either to pay off kids education fees, down payment of car or home or
any other requirement, you can park your funds for such short term in this 1 year FD
scheme.
Bank 1 Year
Lakshmi Vilas Bank 7.50%
Repco Bank 7.50%
RBL Bank 7.45%
Yes Bank 7.25%
IDFC First Bank 7.25%
Bandhan Bank 7.25%
4. Development Credit Bank (DCB) 7.00%
Tamilnad Merchantile Bank 6.85%
Indusindbank 6.65%
Citi Union Bank 6.60%
Karnataka Bank 6.60%
Corporation Bank 6.60%
Best FD Interest Rates for 2 years tenure
Here are the list of banks that are offering highest fixed deposit interest rates for 2 year
tenure. If you are accumulating some money for down payment of housing loan or plot or
any other requirement, you can park your funds for such short term in this 2 years FD
scheme.
Bank 2 Years
Lakshmi Vilas Bank 7.50%
Repco Bank 7.50%
RBL Bank 7.50%
Bandhan Bank 7.40%
Development Credit Bank (DCB) 7.40%
Yes Bank 7.25%
IDFC First Bank 7.25%
Deutsche Bank 7.00%
Tamilnad Merchantile Bank 6.90%
5. Best FD Interest Rates for 3 years tenure
Below list offer highest rates for 3 years FD scheme. Whatever might be requirement, if
you want to grow money faster, invest in highest paid FD scheme.
Bank 3 Years
Development Credit Bank (DCB) 7.70%
Lakshmi Vilas Bank 7.50%
RBL Bank 7.50%
Bandhan Bank 7.35%
Yes Bank 7.25%
IDFC First Bank 7.25%
Repco Bank 7.00%
Deutsche Bank 7.00%
Tamilnad Merchantile Bank 6.75%
Indusindbank 6.75%
Best FD Interest Rates for 4 years tenure
Below banks offer good interest rates for 4 years Fixed Deposits.
Bank 4 Years
Development Credit Bank (DCB) 7.50%
Lakshmi Vilas Bank 7.50%
RBL Bank 7.50%
Bandhan Bank 7.35%
Yes Bank 7.25%
IDFC First Bank 7.25%
Deutsche Bank 7.25%
Repco Bank 7.00%
Tamilnad Merchantile Bank 6.75%
Indusindbank 6.75%
Best FD Interest Rates for 5 year tenure
6. This list provide highest interest rates for 5 years FD scheme. One need to check with
bank about 5 years tax saver FD scheme if you wish to save income tax u/s 80c.
Bank 5 Years
Deutsche Bank 7.75%
Development Credit Bank (DCB) 7.50%
Lakshmi Vilas Bank 7.25%
RBL Bank 7.25%
Bandhan Bank 7.25%
Yes Bank 7.25%
IDFC First Bank 7.25%
Repco Bank 7.00%
Tamilnad Merchantile Bank 6.75%
Indusindbank 6.75%
FAQs about Bank Fixed Deposit Interest Rates
1) Which Bank is Best for Fixed Deposit?
One would generally invest in fixed deposit wherever they have a savings account.
Instead of that one should check for best bank that is offering highest FD interest rates
and open a FD. You might think which bank is best for Fixed Deposit. This would depend
on the tenure for which you want to invest. Based on that choose a bank that offers best
FD rates.
2) Which bank is safe for FD?
7. Post PMC bank scam, investors are worried and thinking which bank is safe for FD. Bank
which has strong fundamentals today can collapse tomorrow. Hence it is difficult to
assess. However, one can invest in large bank FDs or fixed deposits in nationalized banks.
These could be safe to some extent.
3) What are fixed deposit interest rates in post office?
Post office fixed deposits are offered for 1 year to 5 years tenure. Post office fixed
deposit interest rates for 1 year, 2 years and 3 years is 6.9%. This interest would be
compounded every quarter. Post office FD rate for 5 years tenure is 7.7%. This FD scheme
is eligible for income tax deduction u/s 80c upto Rs 1.5 Lakhs.
4) Which bank offers gives highest interest rates on savings account?
Many salaried individuals would continue to keep their salaries in saving account every
month. If such individuals can credit their salary in highest interest rate SB account, this
could really benefit them. Currently Bandhan Bank, Yes Bank, IDFC First Bank, Kotak
Bank, Lakshmi villas Bank, Rathnakar Bank are offering highest interest rates on savings
account between 6% to 7%.
5) How would I know when I would Crorepati by investing in bank FDs?
There are several low risk investors who might be investing only in bank FDs and might
think when they can become lakpathi or crorepathi. You can check any of the FD interest
rates calculator by giving monthly RD or FD amount and interest rate and compute the
future value in next 8 years or 10 years or 15 years.
6) SBI FD Rates are low compared to other banks, why?
SBI being one of the largest bank in India has been offering low interest rates. Few
quarter back it offered only upto 5.5% on various tenure FDs. Currently it is offering upto
6.25%. This is currently still low. One can invest in highest interest rate bank FDs.
7) Is FD a good investment?
Bank FDs are always one of the safe investment option in India especially for low risk
takers.
You may like: Post office Offers upto 7.7% interest rates
8) Can I open Bank FD for more than 10 years?
8. Considering the interest rate fluctuations, banks offer FDs only for 10 years. You cannot
open FD for more than 10 years. However, you can keep auto renew beyond 10 years.
Interest rates during that time would be applicable which is renewed beyond this period.
9) Which Bank FD qualifies for tax savings?
Bank FD’s which are called as tax saver FDs that are opened for 5 years and above are
qualified for tax savings u/s 80c upto Rs 1.5 Lakhs in a financial year.
10) How Bank FD interest is taxed?
Interest received on bank FD is fully taxable in the hands of the investor. It will be taxed
based on the income tax applicable to you. TDS will be deducted by the bank if the
interest payment in a single financial year exceeds Rs 10,000, as per income tax act. If
you are not required to pay income tax due to various reasons, one can submit Form 15G
or Form 15H (if applicable) to the bank.
If you enjoyed this article, share it with your friends and colleagues through Facebook
and Twitter who might be benefitting from such investments.
Suresh KP
Best Fixed Deposit Interest Rates in Jan-2020
3 oj s b r 3SHARES
9. « Tata Capital Housing Finance NCD Jan 2020 – Should you Invest?
2 comments
2 comments
Maven Cruz
January 4, 2020 at 6:54 am
I always wait for this article and this time i must say it was awesome.
Thank you
Reply
Suresh KP
January 4, 2020 at 8:41 am
Thank you Maven. Which investment option you are choosing these days?
Reply
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment
Name *
Email *