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Lock in to attractive FD interest rates to protect your savings

Financiers like Bajaj Finance Limited are still offering lucrative returns up to 7.85% on their fixed deposit. Read along to know why you must invest in a Bajaj Finance Fixed Deposit to protect your savings, during these times.

The government has been announcing various relief measures to reduce financial distress and increase liquidity in the hands of the common man, during these times.(Shutterstock)
Updated on May 20, 2020 12:42 PM IST

SBI’s new fixed deposit rates, special FD scheme for senior citizens from today

“SBI has slashed its interest rates on retail term deposits by 20 bps for ‘up to 3 years’ tenor in view of adequate liquidity in the system as well as with the bank,” the bank said in a statement.

The State Bank of India has kept the rates unchanged for term deposits with tenor 3 years to 10 years.(HT Photo)
Updated on May 12, 2020 02:03 PM IST
Hindustan Times, New Delhi | Byhindustantimes.com | Edited by: Meenakshi Ray

Invest in FD now before interest rates fall

In 2019, investments by Indians in mutual funds dropped by a whopping 41%.

Amid speculations about the reduction in rates for government savings schemes, fixed deposit comes across as a lucrative option for risk-averse investors seeking assured returns.(Bajaj Finserv)
Published on Feb 26, 2020 06:00 PM IST

Why now is the right time to invest in Bajaj Finance fixed deposit

For investors seeking a steady growth of savings during these volatile times, Bajaj Finance Fixed Deposit fits the bill perfectly.

What makes this investment a safe bet is that it’s backed by high credibility ratings.(Bajaj Finserv)
Published on Sep 06, 2019 01:38 PM IST

SBI reduces deposit rates, cites surplus liquidity, falling interest rates

Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days, SBI said in a statement on Monday.

The State Bank of India (SBI) has slashed deposit rates on various tenors citing surplus liquidity and falling interest rate scenario.(REUTERS)
Updated on Jul 29, 2019 02:05 PM IST
New Delhi | ByPress Trust of India
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