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Our People in the country prefer Fixed Deposit for investment but at present Small Savings Scheme has become more attractive than FD.  In fact, the interest rate received by the government on these schemes has not been changed from July to September, which is why these schemes are currently earning more profit than the remaining schemes, even fixed deposits.  These include schemes like Public Provident Fund (PPF), Senior Citizens Savings Scheme (SCSS)

State Bank of India (SBI) has revised the fixed deposit rates (SBI FD Rates) in May.  SBI is now offering interest rates ranging from 2.9 per cent to 5.4 per cent on FDs.  Values ​​of less than Rs 2 crore vary from 45-day FDs to 10-year FDs.  While the interest on Public Provident Fund is getting 7.1 per cent and similarly the post office is getting interest from 5.5 to 6.7 per cent for 3 to 5 years.
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The highest interest rate in small savings plan is on Sukanya Samrudh Yojana (SSY).  The scheme is earning 7.6 per cent interest from the government.  At the same time, if we talk about senior citizens, the government is giving good interest in these special schemes run for them.  This means that investing in Senior Citizen Savings Schemes is beneficial for such people.  The scheme currently earns 7.4 per cent interest.  At the same time, the bank has launched special schemes for senior citizens.
a. Fixed Deposit Calculator
b. Return on Investment Calculator
c. Calculators with Monthly, Quarterly, Half Yearly & Annually Compounding option
d. Option to change compounding frequency (monthly/quarterly/half-yearly)
e. Opportunity to share the results through social media (WhatsApp, Facebook, Email etc.)
f. Free, Offline, clean & simple UI
g. Plan your investment with FD and know what to expect for the future
h. Get interest and maturity value instantly, on the fly as you type
i. Send results to your friends
j. Select the frequency at which interest is calculated from the list viz., yearly, half-yearly, quarterly and monthly.

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