fixed deposit

Opened their brand of FD 'Pot' 1 year ago for 10k with their highest lock-in 'superpots' with highest interest i.e., 365 days for 6.8%. I did this to maintain their 10k TRV requirement to remain 'Pro'. Straight forward calculation upon maturity interest should be Rs. 680. It matured and I...

I have a friend who is working in a bank and he frequently asks me to put some FDs (with his employee code) and close it in 2-3 days for him to achieve his targets. The amount is usually like 10k per FD 2-3 times a month. So month on month I am opening FDs worth 30k in different tranches and...

Recently, some of the banks have increased the interest rates on FDs. I wanted to book an FD in IDFC First bank, but it hasn't revised the rates yet. What do you think? Will IDFC First bank increase the rates soon?

Ok, so I have been Googling quite a bit, and everyone says "If you need money that's not in savings account but in FD, the FD gets broken and deposited into savings" .. ok fine, but when does the reverse happen? Let's start with my ICICI account. I use it for all UPI transactions etc. It has...

Hi, Recently my FD matured in Bandhan Bank but the Bank is not paying me interest. They closed my FD & paid me back the principal amount but interest has been pending from their side for the last few days. Today I raised a complaint against it. My question is here if I raise a complain the...

The Kotak Activmoney features without premature withdrawal penalty seem really good but there is a catch here. It says to give 7% interest but the final interest is calculated based on number of days the FD was kept. For example if you keep the FD for 180 days you will get 7% interest but if...