Banks offering 8.5% interest on FDs: How much should you invest and for how long?

FD rates are rising encouraging many investors to park their earnings in them. However, you must also consider essential factors like how much to invest and for how long to stay invested in these traditional deposits. 

Over 9% return on fixed deposits: These two banks are offering highest interest rates on FDs

These two small finance banks are offering 9 percent and above fixed deposit interest rates while several private lenders are providing an interest rate of 7 to 8 percent. The revised interest rates on special tenure are:

How to claim fixed deposit amount after death of account holder? Here are some easy steps

The death of the FD holder requires submission of documents such as the death certificate and KYC paperwork to claim the FD amount. The process involves submitting the required documents, verification, and then transferring the FD amount to the claimant's bank account.

Top four NBFC fixed deposits with AAA rating that offer up to 7.95 % interest

Four major NBFCs with strong pedigree and history of offering fixed deposits to customers for decades. These NBFCs are rated AAA, which is the highest credit rating, by multiple largest agencies such as CARE, ICRA and CRISIL.

Following a multi-asset strategy makes sense at this point. Here's why

Every asset class offers its unique advantage but overexposure to one asset class can be very risky. When different asset classes come together in a portfolio, the risk factor reduces and the portfolio becomes stronger.

FDs vs Debt funds: Which suits the best for short-term goals?

You cannot take risks if short-term goals are the case. We explain which investment suits better for your short-term objectives, debt funds, or FDs.

Bank of Baroda, PNB revise interest rates on their fixed deposits. Check latest rates here

PNB raised FD interest rates with effect from Jan 1 while Bank of Baroda revised its term deposit rates from Dec 26 onwards. 

Indian banks may need to lift deposit rates as credit demand surges: RBI report

<ul><li>The Reserve Bank of India (RBI) has raised rates aggressively this year to tame inflation. While banks have swiftly transmitted the hikes to their lending rates, deposit rates have been laggards for most.</li></ul>

2022 in Review: 6 money lessons from this year to improve your finances in the new year

<ul><li>2022 has been a year of ups and downs. Here are some of the learnings we can take in 2023.</li></ul>

Fixed Deposits: What is FD laddering? MintGenie explains

By creating an FD laddering, an investor can make the most of fluctuating rates of interest, instead of locking funds at a rate which turns out to be lower in the long run

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Banks offering 8.5% interest on FDs: How much should you invest and for how long?

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personal finance