Otherwise money will be deducted from your account later. If you have invested in FD scheme in any bank, then it is necessary to fill Form 15G and Form 15H for tax saving on FD. Without this, your TDS will be deducted on the interest earned on FD.

Money will be deducted from FD
According to income tax rules, customers investing in FD schemes have to submit Form 15G and Form 15H to the bank at the beginning of every financial year. People below 60 years of age have to fill and submit Form 15G. At the same time, people above 60 years of age have to claim tax exemption by submitting Form 15H. TDS will not be deducted by submitting these forms.

Who can submit Form 15G and Form 15H?
People whose age is less than 60 years can fill and submit Form 15G. At the same time, people above 60 years of age can submit Form 15H to claim tax exemption on fixed deposits. If you earn more than Rs 40,000 interest on FD in a financial year, then in such a situation you can claim tax exemption through this form. You will not have to pay TDS on submission of this form. If you do not do this, you will have to pay tax on interest earned on more than Rs 40,000.

e-filing ITR : You will be able to check income tax notices in one click, this facility comes on the portal

The post Tax Saving Tips : If you want to save tax on bank FD interest then do this immediately, otherwise you will incur loss. first appeared on Rightsofemployees.com.

Bank FD interest rate: No matter how many investment options are available in the market, FD is always considered the safest option. If you are also planning to invest for a period of less than one year, then we will tell you about some such banks which are getting the benefit of higher interest even in short period.

Today we will tell you which bank is giving the highest interest benefit on FD between 7 days to 12 months. Here we tell you about FDs of private, PSU and small finance banks.

Private Banks

1. HDFC Bank FD interest rates

HDFC Bank is providing interest facility to general citizens between 3% to 6.00% for tenure ranging from 7 days to less than one year.

2. ICICI Bank FD interest rates

ICICI Bank offers interest rates between 3% to 6.00% for tenures ranging from 7 days to less than a year for general citizens.

3. Yes Bank FD interest rates

Private sector Yes Bank is offering interest between 3.25% to 7.25% for common citizens for a period ranging from 7 days to one year.

PSU Banks

1. SBI FD interest rates

The country’s largest government bank SBI is offering interest between 3% to 5.75% to common citizens for a period ranging from 7 days to one year.

2. PNB FD interest rates

PNB (Punjab National Bank) is offering the benefit of interest between 3% to 7% for the period ranging from 7 days to one year for the general citizens.

3. Canara Bank FD interest rates

Canara Bank is offering interest between 4% to 6.85% for general citizens for a period ranging from 7 days to one year.

Small Finance Banks

1. Unity Small Finance Bank

Unity Small Finance Bank is offering interest facility to common citizens between 4.50% to 7.85% for a period ranging from 7 days to one year.

2. Jana Small Finance Bank

Jana Small Finance Bank is offering interest between 3% to 8.50% for the tenure ranging from 7 days to one year for general citizens.

3. Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering interest between 4% to 6.85% for general citizens for a period of 7 days to one year.

Also Read-

• EPF Withdrawal Rules 2024: Big news! You may have to pay a heavy tax of 20% on withdrawing money from PF account, know why?
• RBI: Big news for bank customers! RBI has banned this bank, now you will not be able to do any transaction
• Income Tax Benefits: Senior and super senior citizens get these 8 tax benefits, definitely take advantage.

The post Bank FD interest rate: These bank is giving 8.75% interest only on FD of 7 days to 12 months, see details here first appeared on Rightsofemployees.com.

FD offers are for deposits of 300 days, 375 days and 444 days. Under the offer, the bank is offering a minimum rate of 7.05 percent, which is available to general customers on FD of 300 days, while the bank is offering a maximum of 7.75 percent, which is available to senior citizens on FD of 444 days.

What is the offer?

Under the 300 day Utsav FD offer, the bank is offering 7.05 percent interest rate to general customers. Under this offer, senior citizens will get 7.55 percent interest.

At the same time, under 375 days Utsav FD, it is offering 7.1 percent interest to general customers. Whereas senior citizens are getting 7.6 percent interest.

For 444 days FD, general customers are getting 7.25 percent interest. Whereas senior citizens are getting interest of 7.75 percent.

According to the information given by the bank, the deposit offer for a period of 300 days is not available on NRE deposits. The option to withdraw money from FD prematurely or to close it has been given. Rates for staff and senior citizens will not be applicable on NRO and NRE term deposits. Other terms and conditions on special FD will remain the same as applicable to other deposits.

Godrej Properties sold 1,050 luxury houses worth more than Rs 3000 crore in Gurugram in just 3 days.

The post Bank FD interest rate : Good News! This bank extended the deadline for special FD, getting bumper returns, check FD details first appeared on Rightsofemployees.com.

If you are planning to invest in Fixed Deposit (FD) in the near future, then this news is useful for you. By making fixed deposits, customers get guaranteed income with bumper returns after a fixed period.

For the last few years, banks have been offering huge interest rates to FD customers. Today we are going to tell you about those 5 banks which are offering the highest interest on 1 year FD to their customers. Let us know about the complete news in detail.

DCB Bank

DCB Bank is offering 7.25% interest to its general customers on 1 year FD. At the same time, the bank is offering 7.75 percent interest to its senior citizen customers for the same period.

Tamilnad Mercantile Bank

Tamilnad Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD. On the other hand, the bank is offering 7.75 percent interest to its senior citizen customers on FD for the same period.

Canara Bank

Canara Bank is giving 7% interest to its general customers on 1 year FD. On the other hand, the bank is offering 7.75 percent interest to its senior citizen customers for the same period.

Karnataka Bank

Karnataka Bank is giving 7% interest to its general customers on 1 year FD. At the same time, the bank is giving 7.40 percent interest to its senior citizen customers for the same period.

Deutsche Bank

Deutsche Bank is giving 7% interest to its general customers on 1 year FD. On the other hand, the bank is also offering only 7% interest to its senior citizen customers on FD for the same period.

Metro New Facility : Now Noida passengers will be able to party in metro, special facility will be available from April 20

The post Bank FD Interest Rate : These 5 banks are giving interest up to 7.75% on 1 year FD; See complete details here first appeared on Rightsofemployees.com.

Whenever there is talk of savings, the name of fixed deposit (FD) definitely comes up. Your investment in fixed deposit is safe, and you also get guaranteed returns. If you also want to invest in FD then this is useful news for you. Actually, recently Ujjivan Small Finance Bank has changed the interest rates on Fixed Deposit (FD).

After the revision in interest rates, Ujjivan Small Finance Bank offers interest rates between 3.75 percent to 8.50 percent for general customers. The highest interest rate on a tenure of 15 months is 8.50 percent and the highest interest rate on the same tenure for senior citizens is 9 percent. The new rates are effective from March 7, 2024.

Multiple interest payment options

Deposits above Rs 1 crore and deposits less than Rs 2 crore will only be eligible for the additional interest rate of 0.20 per cent offered by Platina FD. The interest payment options available for Ujjivan SFB are monthly, quarterly and on maturity.

NPS New Rule 2024 : Now Aadhaar 2 factor verification will be mandatory in NPS account! Know when the new rules will come into effect

The post Bank FD Interest Rate : Up to 8.50% interest is available only on FD of 15 months, this bank announced, check latest rate first appeared on Rightsofemployees.com.

Bank FD Interest Rate: The biggest power that senior citizens have is their savings, hence they look for ways of investment where they can get guaranteed and better returns. For most senior citizens, fixed deposit i.e. FD is an excellent means of investment. Generally, Small Finance Banks offer higher interest on FD as compared to big government and private banks. Recently Suryoday Small Finance Bank has increased its interest rates on FD.

Bank FD Interest Rate: Suryoday Small Finance Bank (SSFB) has increased the interest rates on FDs of select tenures with amounts less than Rs 2 crore. The bank has increased the interest rate on 25 month FD by 0.41 percent. The new interest rates of Suryoday Small Finance Bank have become effective from March 1, 2024.

Bank FD Interest Rate: Interest rate increased from 4 percent to 9.25 percent

After this change, now Suryoday Small Finance Bank is offering interest rates ranging from 4 percent to 9.01 percent on FD to common citizens. At the same time, the bank is offering interest rates ranging from 4.50 percent to 9.25 percent to senior citizens.

Bank FD Interest Rate: Interest rate up to 7.75 percent on savings account

The bank is also offering interest rates up to 7.75 percent to its savings account customers in the slab of Rs 5 to Rs 25 crore.

Bank FD Interest Rate: Suryoday Small Finance Bank FD Rates (Less than Rs 2 Crore)

• 7 days to 14 days: For general public – 4.00 per cent; For senior citizens – 4.50 percent
• 15 days to 45 days: For general public – 4.25 percent; For senior citizens – 4.75 percent
• 46 days to 90 days: For general public – 4.50 per cent; For senior citizens – 5.00 percent
• 91 days to 6 months: For general public – 5.00 per cent; For senior citizens – 5.50 percent
• Above 6 months – 9 months: For general public – 5.50 percent; For senior citizens – 6.00 percent
• Above 9 months – Less than 1 year: For General Public – 6.00 per cent; For senior citizens – 6.50 percent
• 1 year: For general public – 6.85 percent; For senior citizens – 7.35 percent
• Above 1 year – 15 months: For general public – 8.25 percent; For senior citizens – 8.75 percent
• Above 18 months – 2 years: For general public – 8.50 percent; For senior citizens – 9.00 percent
• Above 2 years – 2 years 1 day: For general public – 8.60 per cent; For senior citizens – 9.10 percent
• 2 years 2 days: For general public – 8.65 percent; For senior citizens – 9.10 percent
• 2 years 3 days to less than 25 months: For general public – 8.60 percent; For senior citizens – 9.10 percent
• 2 years 1 month (25 months): For general public – 9.01 percent; For senior citizens – 9.25 percent

The post Bank FD Interest Rate: Good news for senior citizens, Get 9.25% strong interest on this Bank FD first appeared on Rightsofemployees.com.

The biggest power that senior citizens have is their savings, hence they look for ways of investment where they can get guaranteed and better returns. For most senior citizens, fixed deposit i.e. FD is an excellent means of investment. Generally, Small Finance Banks offer higher interest on FD as compared to big government and private banks. Recently Suryoday Small Finance Bank has increased its interest rates on FD.

Suryoday Small Finance Bank (SSFB) has increased the interest rates on FDs of select tenures with amounts less than Rs 2 crore. The bank has increased the interest rate on 25 month FD by 0.41 percent. The new interest rates of Suryoday Small Finance Bank have become effective from March 1, 2024.

Interest rate increased from 4 percent to 9.25 percent.
After this change, Suryoday Small Finance Bank is now offering interest rates from 4 percent to 9.01 percent to common citizens on FD. At the same time, the bank is offering interest rates ranging from 4.50 percent to 9.25 percent to senior citizens.

Interest rate up to 7.75 percent on savings account:

The bank is also offering interest rate up to 7.75 percent to its savings account customers in the slab of Rs 5 to Rs 25 crore.

Suryoday Small Finance Bank FD rates (less than Rs 2 crore)

7 days to 14 days: For general public – 4.00 per cent; For senior citizens – 4.50 per cent

15 days to 45 days: For general public – 4.25 per cent; For senior citizens – 4.75 per cent

46 days to 90 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 per cent

91 days to 6 months: For General Public – 5.00 per cent; For senior citizens – 5.50 per cent

Above 6 months – 9 months: For general public – 5.50 per cent; For Senior Citizen – 6.00 per cent

Above 9 months – Less than 1 year: For General Public – 6.00 per cent; For Senior Citizen – 6.50 per cent

1 year: For General Public – 6.85 per cent; For Senior Citizen – 7.35 per cent

Above 1 year – 15 months: For General Public – 8.25 per cent; For senior citizens – 8.75 percent

Above 18 months – 2 years: For general public – 8.50 percent; For Senior Citizen – 9.00 per cent

Above 2 years – 2 years 1 day: For General Public – 8.60 per cent; For Senior Citizen – 9.10 per cent

2 years 2 days: For General Public – 8.65 per cent; For Senior Citizen – 9.10 per cent

2 years 3 days to less than 25 months: For General Public – 8.60 per cent; For Senior

Citizen – 9.10 per cent

2 years 1 month (25 months): For General Public – 9.01 per cent; For senior citizens – 9.25 percent

The post Bank FD Interest Rate : Good news for senior citizens, get 9.25% strong interest on FD, this bank is offering first appeared on Rightsofemployees.com.

Fixed Deposits (FD) are considered one of the safest means of investment. Here, many banks have increased the interest rates of their fixed deposits. A bank is offering interest up to 9.50% on fixed deposits. This is Unity Small Finance Bank.

The bank is giving interest up to 9.50% to senior citizens on its 1001 day fixed deposit. The bank is offering 9.25% interest to senior citizens on FDs ranging from 6 months to 201 days. At the same time, the bank is giving 9.25% interest on 501 day FD and 9.45% interest to senior citizens on 701 day fixed deposit.

Senior citizens can get up to 7.85% interest on Axis Bank FD

Axis Bank has revised its fixed deposit interest rates from 5 February 2024. The revised rates are applicable to fixed deposits of less than Rs 2 crore. Common people can get maximum interest on fixed deposits up to 7.20% and senior citizens can get up to 7.85% interest. Axis Bank is offering interest ranging from 4.8% to 7.85% to senior citizens on fixed deposits ranging from 7 days to 10 years.

HDFC Bank also revised interest rates

HDFC Bank has increased the interest rates on bulk fixed deposits above Rs 2 crore and up to Rs 5 crore for domestic, NRO, NRE customers. The new rates are effective from 3 February 2024. The bank is giving interest ranging from 4.75% to 7.40% to the common people.

At the same time, HDFC Bank is now giving interest ranging from 5.25 percent to 7.90 percent to senior citizens. Senior citizens will get 50 basis points more interest than standard rates on fixed deposits.

The post Bank FD Interest Rate : Up to 9.5% interest is available on FD of 1001 days, this bank is giving huge benefits. first appeared on Rightsofemployees.com.