Foreign Banks

Zoological Survey of India

'Blossomhead Parkeet'.

A fixed deposit (FD) is a type of deposit account provided by banks for a fixed tenure at a fixed rate of interest. In this scheme, the depositor keeps a fixed amount of money in an account known as FD account. The money is deposited only once at the time of account opening. At the end of the tenure, the interest amount is calculated on the principal amount and the total sum including interest. Fixed deposit is a low-risk investment which is free from market fluctuations. It helps to save a lump sum at one go and earn considerable interest income on it. Thus, helping depositors to accumulate wealth and grow their corpus.

Cooperative Banks

A minimum deposit of 50 Crore is required. In India, all commercial banks including branches of foreign banks functioning in India, local area banks, regional rural banks, as well as all state, central and primary cooperative banks are insured by the DICGC Deposit Insurance and Credit Guarantee Corporation.

The DICGC insures bank products such as savings accounts, fixed deposits, current deposits and recurring deposit products. While each depositor in a bank is insured upto a maximum of 1,00, Rupees One Lakh , if you have your deposits with more than one bank, the deposit insurance coverage limit is applied separately to the deposits in each bank. I have 3 lakh ,how much amount i get after one month FD.

Pls advise Thanks Jayjay. Wanted to know the highest interest payable bank with monthly redemption of interest. I am anoop, presently i am working in UAE. I need to open an NRI accound in India. Acording to savings intrest rate and online transaction flexibility which bank shold I chose?.

Kotak Mahindra Bank Fixed Deposit. Canara Bank Fixed Deposit. Axis Bank Fixed Deposit. Andhra Bank Fixed Deposit. Standard Chartered India Fixed Deposit.

Bank Of India Fixed Deposit. Bank Of Baroda Fixed Deposit. Allahabad Bank Fixed Deposit. Corporation Bank Fixed Deposit. Dena Bank Fixed Deposit.

Indian Overseas Bank Fixed Deposit. Syndicate Bank Fixed Deposit. Vijaya Bank Fixed Deposit. Barclays India Fixed Deposit. Indian Bank Fixed Deposit. Citibank India Fixed Deposit. Citibank India 6 Month Fixed Deposit Rates This deposit product is called time deposits on the Citibank website versus being called fixed deposits in general in India.

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