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| Parameters | |
| Interest Rate for Citizens below 60 Years of Age | Interest Rate for Citizens below 60 Years of Age
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| Senior Citizen FD Rates | Senior Citizen FD Rates
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| Highest FD Rate | Highest FD Rate
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| Tenure | Tenure
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| Deposit Amount | Deposit Amount
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| Nomination Facility | Nomination Facility
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| Premature Withdrawal | Premature Withdrawal
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| Loan Against Fixed Deposit | Loan Against Fixed Deposit
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| Type of Bank | Type of Bank
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| Credit Rating | Credit Rating
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| Deposit Insurance of ₹ 5 lakh | Deposit Insurance of ₹ 5 lakh
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| List of FD Schemes | List of FD Schemes
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Our News - Apr 2021
- 2021-04-13 : Bank credit rise 5.56%; deposits 11.4% in FY21
RBI reported that the Bank credit which includes retail loans like home, personal, business, car, two-wheeler, education and doctor loan along with business and mudra loans grew 5.56% to Rs 109.51 lakh crore in the financial year ending March 31, 2021. Further, the deposits include fixed and recurring deposits and rose 11.4% to Rs 151.13 lakh crore. - 2021-04-13 : Bandhan Bank’s collection efficiency ratio at 96% in Q4
Bandhan Bank reported an overall collection efficiency of 96% for the quarter ending March 2021. Total advances which include retail loans like home, personal, business, car, two-wheeler education and doctor loan along with business and mudra loans grew by 21% at ₹87,054 crores. Deposits which includes fixed and recurring deposits grew by 37% at ₹77,972 crores. Further, CASA deposits increased by 61 per cent at ₹33,827 crores. - 2021-04-05 : Yes Bank Jan-March deposits up 54% to 162, 947
Yes Bank reported that the bank’s loan and advances which include home, personal, LAP, gold, two-wheeler, car and doctor loans along with business and mudra loans increased by 0.8% in year-on-year (YoY) terms to Rs. 172,850 crores. In addition to this, the bank deposit which includes fixed and recurring deposits grew 54.7% to Rs. 162,947 crores as compared to ₹105,364 crores on a yearly basis. The CASA(current and savings account) was up 51.8% to Rs. 42,587 crores against Rs. 28,063 crores YoY. - 2021-04-05 : Karnataka Bank targeting 1.42 lakh business turnover in FY 22
Karnataka Bank is looking for 12% business growth in the current fiscal and targeting 1.42 lakh business turnover. The bank emphasised that it is planning to leverage digital banking to achieve its target. - 2021-03-30 : HDFC Bank extended Special Fixed Deposit Scheme for senior citizens till June 30
With an aim to offer a higher interest rate on fixed deposits, HDFC Bank extended the Special Fixed Deposit Scheme for senior citizens till June 30. This is the third time the bank has extended the scheme. The Scheme was introduced with an aim to help the senior citizens earn higher returns amid falling interest rates on FD during the pandemic.
*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources.
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