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What are the interest rates offered on fixed deposits by Bank of Baroda?
As of November 2011Time PeriodRate of Interest1 year to 443 days9.25%444 days9.35%Extra 0.75% for Senior Citizens
What are the interest rates offered on fixed deposits by ICICI Bank?
As of November 2011Time PeriodRate of Interest190 days7.75%390 days9.25%590 days9.25%Extra 0.5% for Senior Citizens
What is the average bank interest rate offered to customers?
It depends on the type of account you hold with the bank. In India, below are the average interest rates offered to customers.Savings accounts - 3.5% per yearFixed Deposits - 3% to 8% per year - Depending upon the deposit amount and deposit tenureCurrent Accounts - 0%
Is fixed deposit and recurring deposit rate of interest is same?
No. In most cases the rate of interest offered on fixed deposits and recurring deposits is different. Usually the rate of interest on a fixed deposit is much higher than a recurring deposit because you will be depositing the entire amount in one shot and leave it with the bank for the duration whereas in a recurring deposit you'll pay only the part of the money at a time. So the difference.
What are the different types of fixed deposits?
Fixed deposits come in various types to cater to diverse financial needs: Regular Fixed Deposits: Standard fixed-term deposits with a predetermined interest rate. Senior Citizen Fixed Deposits: Tailored for elderly individuals, offering higher interest rates. Tax-Saving Fixed Deposits: Provide tax benefits under Section 80C of the Income Tax Act. Cumulative Fixed Deposits: Interest is compounded and paid along with the principal at maturity. Non-Cumulative Fixed Deposits: Interest is paid at regular intervals, providing a steady income stream. Special Fixed Deposits: Customized options with unique terms and conditions, often offered by specific banks. Each type serves specific financial objectives, allowing investors to choose based on their preferences and requirements. Shriram Finance offering flexible tenures and returns of up to 9.20%* p.a. (Including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)
What is the KIBOR?
The Karachi Inter-bank Offered Rate, or KIBOR, is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or inter-bank market.
What are bank interest rates on fixed deposits in Kenya?
Bank interest rates on fixed deposits in Kenya can vary depending on the bank and the duration of the deposit. On average, rates range from 4% to 10%, with higher rates typically being offered for longer-term deposits. It is advisable to check with individual banks for their current rates.
What are the interest rates offered on fixed deposits by Bank of Baroda?
As of November 2011Time PeriodRate of Interest1 year to 443 days9.25%444 days9.35%Extra 0.75% for Senior Citizens
What are the interest rates offered on fixed deposits by ICICI Bank?
As of November 2011Time PeriodRate of Interest190 days7.75%390 days9.25%590 days9.25%Extra 0.5% for Senior Citizens
What is the average bank interest rate offered to customers?
It depends on the type of account you hold with the bank. In India, below are the average interest rates offered to customers.Savings accounts - 3.5% per yearFixed Deposits - 3% to 8% per year - Depending upon the deposit amount and deposit tenureCurrent Accounts - 0%
Is fixed deposit and recurring deposit rate of interest is same?
No. In most cases the rate of interest offered on fixed deposits and recurring deposits is different. Usually the rate of interest on a fixed deposit is much higher than a recurring deposit because you will be depositing the entire amount in one shot and leave it with the bank for the duration whereas in a recurring deposit you'll pay only the part of the money at a time. So the difference.
What are the different types of fixed deposits?
Fixed deposits come in various types to cater to diverse financial needs: Regular Fixed Deposits: Standard fixed-term deposits with a predetermined interest rate. Senior Citizen Fixed Deposits: Tailored for elderly individuals, offering higher interest rates. Tax-Saving Fixed Deposits: Provide tax benefits under Section 80C of the Income Tax Act. Cumulative Fixed Deposits: Interest is compounded and paid along with the principal at maturity. Non-Cumulative Fixed Deposits: Interest is paid at regular intervals, providing a steady income stream. Special Fixed Deposits: Customized options with unique terms and conditions, often offered by specific banks. Each type serves specific financial objectives, allowing investors to choose based on their preferences and requirements. Shriram Finance offering flexible tenures and returns of up to 9.20%* p.a. (Including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)
What are the benefits of investing in municipal bonds versus collecting interest at a bank?
The rate of interest offered by Bonds is marginally more than the interest offered by Banks.
What is a libor index used for?
LIBOR stands for London Inter-Bank Offered Rates. The index is the interest rate that a group of certain London-area banks are willing to pay for US currency deposits. It is used to set adjustable interest rates for a variety of loans. http://mortgage.lovetoknow.com/Libor_Index
Would you rather have a savings account that offered simple interest, or an account that offered compound interest Why?
account and i just want points so yeh
Would you rather have a savings account that offered simple interest or an account that offered compound interest?
account and i just want points so yeh
What is the interest rate offered for a CItiBank savings account?
The interest rates offered in a CitiBank saving account varies depending on different things. The interest rates can be 3%+ and on some accounts up to 6%.
