While missing your CD account's maturity date isn't ideal, there are some steps to take immediately once it's passed. Here ...
Not sure if you want to lock your money away in another CD account? Here's why it could still make sense to do so: ...
Both investments serve different purposes, and the right choice depends on your risk appetite and financial goals.
DF Capital, a specialist bank, has launched a new one-year fixed savings account paying 4.74% interest - earning an “excellent” Moneyfacts rating. Savers can launch the account with a minimum deposit ...
The Budget 2025 has proposed raising the Tax Deduction at Source (TDS) limit on interest earned from bank fixed deposits (FDs ...
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.
A certificate of deposit — or a CD — is a savings account that pays a fixed rate of interest on an initial deposit that you agree to lock away for an agreed-on period of time. CD terms can ...
Rates for many of the highest-earning certificates of deposit are starting 2025 off a little lower than they were a few weeks ago. But while gone are the days of the widely available 6% fixed return, ...
Are CDs different from U.S. savings bonds? Yes, CDs are different from U.S. savings bonds in that CDs are a deposit account that have a fixed term held with commercial banks and U.S. savings bonds ...
Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...