interest

Which Savings Account gives highest Interest Rate for a deposits up to 1L in 2025?

This month one more bank moved towards monthly interest to be credited for savings account like IDFC, that's our RBL bank. They calculate interest on your daily balance( balance at the end of day) and will credit it monthly. Now according to what I understand the balance next month would also...

As we got an intimation that from may 1 rbl moving to monthly interest payout so that means for April month interest to be paid on may 1, Did anybody receive? Also any clarification, if they don't pay the month then on 1 June will they pay for April and may together?

I opened wealth account with IDFC First Bank recently with IF of 12lac As per their mobile app, my average monthly balance was 10.72lac, They credited interest of Rs 3735, and as per their different slabs as per screenshot expected interest should be Rs 4851.67 The difference is Rs 1117...

I kept getting calls saying 5.5 % interest with OD account which sound unbeleivable . Almost accepted, then they told me for 30 lakh OD i need a policy payment of 1.95 lakhs a year for 12 years. policy will mature in 20 years and od will stay until then. The above terms is accetable for me ...

I'm trying to decide between a decent savings account with a high interest rate(playing out with slabs to see which bank starts giving their max internet rate within lowest slab) vs creating bank fds and foregoing flexibility but getting extra roi. This is in regard of parking several lakh, but...

I was going through the transactions of Axis Ace card and saw that there was a Interest Credit transaction of ₹4 in the April statement. Does anyone know what kind of transaction is this? I have never seen credit cards getting Interest Credited by having negative due balances.

1. Hi, How and when is the home loan interest changes for ICICI bank? RBI has decreased the repo rate twice however the loan interest has not changed yet for me for the last repo changes. 2. Does it reduce the tenure or it reduces the EMI amount?

I have to pay home loan emi every month. My salary credit date and my emi deduction date has a gap of almost 12-15 days. Can I invest 1 lakh for these many days? All the ideas are welcome. Any alternative will be helpful as well. Thanks in advance! 🙏

Hi Guys, I need some suggestions. My brother took an add-on credit card under my name but didn’t pay his bill on time, resulting in 27 late payments. Eventually, he settled the outstanding amount through a settlement. Later, I realized I was listed as an authorized user on that card, and now...

My Spouse(F) having home loan with her mother at SBI branch from last 3 years. Initial interest was 6.9% due to various offers like women only, first property and cibil . the interest rate got increased to 9.3. But after latest repo rate reduction , it is still at 9.05. As per some information...

I’ve been using Axis Bank credit cards for 7 years without any major issues—until now. This time, I got slapped with an insane charge for a tiny mistake. On 22nd Jan 2025, my credit card statement was generated with a total due of ₹96,769.50. I made a payment of ₹95,000 on 24th Jan, missing...

Made a transacrion on Amazon using DCB CC. Pay in full was not giving any discount while 6 month EMI was getting 10% off. How to cancel EMI now to avoid paying charges and interest? Transaction date: 03/03/2025 (today). Thanks in advance.

Just received an email from IDFC, and I have to say - I’m pleasantly surprised. They have upgraded my monthly interest rate from 2.33% p.m. to just 0.71% p.m., effective 15th March 2025 for my Wealth Credit Card. To put this into perspective, this is way lower than most personal loan rates I’ve...

RBI has cut repo rate by 25 bps. Source:- https://www.moneycontrol.com/news/business/rbi-cuts-repo-rate-by-25-basis-points-announces-new-rbi-governor-sanjay-malhotra-12933114.html Just wanted to know how and when will this affect the current ongoing home loans. How much time it takes to...

https://fortune.com/article/congress-bill-would-cap-credit-card-interest-rates/ Sen Josh Hawley(R) and Sen Bernie Sanders(D) have bought a bill to cap credit card interest rates at 10% including all finance and penalty fees and no other charges can be levied to bypass this CAP. If passed, it...

After this decrease in interest rate and devaluation of signature+ dc due to removal of other debit card option from abi unipay, what's the use of having account in this bank

Yesterday, my IDFC Power+ Credit Card's January statement arrived, and to my shock, it included INTEREST CHARGED! I was stunned as after all, I had paid the entire bill on time. But then it hit me as last month, I had a gut feeling that something about my approach might backfire. At the time, it...

Type minimum interest rates on all kinds of loan with bank name. These rates will be as per 1-1-2025. We will try to update it on 1st week of every quater. Little extra information Woll also be helpful as in margin money and cibil requirement .

Source: https://www.ndtvprofit.com/business/supreme-court-strikes-down-interest-rate-cap-credit-cards TLDR: In 2008, the National Consumer Disputes Redressal Commission had ruled that banks cannot charge interest rates over and above 30% from credit card holders that fail to make their...