Earn FD interest rates up to 8.25%: 3 banks that have revised FD rates in November 2024 Here are some of the banks that have revised their fixed deposit interest rates in November, 2024
Fixed deposits provide a consistent return on your investment. This distinguishes them from other more volatile investing options in which the value of your investment can fluctuate drastically due to market conditions.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} A fixed deposit allows you to invest a one-time lump sum amount for a pre-determined length of time called the tenure of the deposit. The interest rate on an FD is usually higher interest than that of a savings account.
Latest FD premature withdrawal charges 2024: SBI vs HDFC Bank vs ICICI Bank vs PNB vs YES Bank vs Bank of India
Banks’ interest rates on term deposits change from time to time. Interest rates paid by banks on fixed deposits vary depending on the tenure, amount, age of depositor (i.e senior citizens or non-senior citizens), and the bank.
Here are some of the banks that have revised their fixed deposit interest rates in November, 2024.
Office Productivity
Microsoft Word Mastery: From Beginner to Expert
By - CA Raj K Agrawal, Chartered Accountant
Artificial Intelligence(AI)
ChatGPT Mastery from Zero to Hero: The Complete AI Course
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
Startup Fundraising: Essential Tactics for Securing Capital
By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Digital Marketing Masterclass by Neil Patel
By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
Web Development
Master RESTful APIs with Python and Django REST Framework: Web API Development
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Modern Marketing Masterclass by Seth Godin
By - Seth Godin, Former dot com Business Executive and Best Selling Author
Web Development
Advanced Java Mastery: Object-Oriented Programming Techniques
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Intermediate C++ Skills: Master Pointers, Structures and File Stream
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
AI and Generative AI for Finance
By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays
Data Science
SQL Server Bootcamp 2024: Transform from Beginner to Pro
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
Tally Prime & GST Accounting: Complete Guide
By - CA Raj K Agrawal, Chartered Accountant
Web Development
Intermediate Java Mastery: Method, Collections, and Beyond
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By - Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Advanced Excel Course - Financial Calculations & Excel Made Easy
By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant
Leadership
From Idea to Product: A Startup Development Guide
By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Leadership
Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques
By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Office Productivity
Excel Essentials to Expert: Your Complete Guide
By - Study At Home, Quality Education Anytime, Anywhere
Leadership
Validating Your Startup Idea: Steps to Ensure Market Fit
By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience
Latest YES Bank FD interest rates
YES Bank has revised interest rates on fixed deposits less than Rs 3 crore. These revised FD interest rates are effective November 5, 2024. The bank has reduced the fixed deposit interest rate on tenure of 18 months from 8% to 7.75% per annum (PA), down by 25 bps.After the revision, regular citizens (i.e. not senior citizens) can now earn interest rates between 3.25% and 7.75% per annum on FDs, while senior citizens can earn interest rates between 3.75% and 8.25% PA. The highest interest rate of 7.75% and 8.25% PA is provided on an FD tenure of 18 months for general and senior citizens, respectively.
TenureRegularSenior Citizen**Interest Rates (%P.A.)*Interest Rates (%P.A.)*7 days to 14 days3.25%3.75%15 days to 45 days3.70%4.20%46 days to 90 days4.10%4.60%91 days to 120 days4.75%5.25%121 days to 180 days5.00%5.50%181 days to 271 days6.10%6.60%272 days to 6.35%6.85%1 year 7.25%7.75%1 year 1 day to 7.50%8.00%18 months 7.75%8.25%18 months 1day to 7.75%8.25%24 months to 7.25%7.75%36 months to 7.25%8.00%60 months7.25%8.00%60 months 1 day to 7.00%7.75%
Latest Punjab & Sind Bank FD interest rates
Punjab & Sind Bank has also revised fixed deposit interest rates and is offering limited period fixed deposits with higher interest rates. The revised rates are effective from November 14, 2024.Revised w.e.f. 14/11/2024 (% p.a.)MaturityFixed DepositLess than Rs.3 Cr7 - 14 Days4.00(#)15 - 30 Days431 - 45 Days4.2546 - 90 Days4.591 - 120 Days4.5121-150 Days4.75151 - 179 Days6180 – 221 Days5.25222 Days6.30($)223 – 269 Days5.25270 – 332 Days5.5333 Days7.20($)334-5.51 Year6.3>1 Years - 443 Days6444 Days7.30($)445 Days - 554 Days6555 days ( Callable)7.45($)555 days ( Non - Callable)*7.50($)556 Days - 622 Months (PSB Green Earth)7.00*>22 Months-62 Years - 776 Days6.3777 Days7.25($)999 Days ( Callable)6.65($)999 Days (Non-Callable)*7.40($)1000 Days - 6.33 Years -644 Months (PSB Green Earth)6.75*>44 Months - 5 years6>5 Years -6.2566 Months (PSB Green Earth)6.45*>66 Months - 10 Years6.25#) Minimum amount of term deposit shall be Rs. 1.00 lac
($) Valid for period upto 31.12.2024 only.
(*) As Per Terms & Conditions
Punjab & Sind Bank fixed deposit rates - general citizens
After the revision, Punjab & Sind Bank is offering fixed deposit interest rates between 4% and 7.45% PA for callable deposits for tenures ranging from 7 days to 10 years for general citizens. The bank is offering its highest interest rate of 7.50% PA on non-callable deposits having a tenure of 555 days.
Punjab & Sind Bank FD rates for senior citizens
According to the Punjab & Sind Bank website, “Senior citizens shall be given benefit of additional interest of 0.50% on term deposits of less than Rs. 3 crore, over and above the mentioned rates for the maturity of 180 days & above on fresh as well as on renewal of term deposits but same shall not be available to NRE, NRO deposits, capital gain and Bulk deposits.”
The bank offers its highest interest rate of 8% PA for senior citizens on non-callable deposit tenure of 555 days.
Punjab & Sind Bank FD rates for super senior citizens
“Super Senior Citizens (80 Years & above) shall be given benefit of additional interest of 0.15% on specific period (i.e. 222 days, 333 days, 444 days, 555 days, 777 days, 999 days, PSB Green Earth (22 M, 44M, 66M)) Term Deposits of less than Rs. 3 crore, over and above for the maturity of 180 days & above on fresh as well as on renewal of term deposits, same shall not be available to NRE, NRO deposits, capital gain and Bulk deposits.”The highest interest rate offered by the bank for super senior citizens is 8.15% PA on a tenure of 555 days on non callable deposit and 8.10% PA on callable deposit on the same tenure.
Latest Bank of Maharashtra FD interest rates
Bank of Maharashtra also revised its fixed deposit interest rate. After revision, the bank offers interest rates between 2.75% and 7.35% PA (including special FD schemes) for tenures ranging from 7 days to 10 years for general citizens. For senior citizens, the bank offers interest rates between 2.75% and 7.85% PA (including special FD schemes). The revised rates are effective November 14, 2024.Special FD schemes for general citizens offer the following interest rates per annum
6.90% for 200 days
7.35% for 333 days
7.10% for 400 days
7.75% for 777 days
Special FD schemes for senior citizens offer the following interest rates per annum
7.40% for 200 days
7.85% for 333 days
7.60% for 400 days
7.75% for 777 days.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances
