Premature Withdrawal On Term Deposits
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Banks To Allow Premature Withdrawal On Term Deposits Of Up To 1 Crore: RBI
The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.
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SBI Term Fixed Deposits (FDs): Loan Facility, Premature Withdrawal, Interest Rate
SBI fixed deposits: Premature withdrawal against is available; no maximum cap on the amount that can be invested.
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Public Provident Fund (PPF) Accounts To Offer More Benefits: 10 Points
PPF or public provident fund is one the most popular saving schemes. Apart from higher interest rates compared to bank deposits, PPF also offers a host of income tax benefits. In terms of income tax implications,PPF enjoys an EEE - exempt, exempt, exempt - status. This means the contribution, interest and maturity proceeds are all tax-free. PPF con...
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RBI tightens rules on banks' large-value deposits
The Reserve Bank of India (RBI) tightened the rules of offering differential interest rates on large size term deposits and also said banks can stop large depositors from premature withdrawal of their money.
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Banks To Allow Premature Withdrawal On Term Deposits Of Up To 1 Crore: RBI
The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.
-
SBI Term Fixed Deposits (FDs): Loan Facility, Premature Withdrawal, Interest Rate
SBI fixed deposits: Premature withdrawal against is available; no maximum cap on the amount that can be invested.
-
Public Provident Fund (PPF) Accounts To Offer More Benefits: 10 Points
PPF or public provident fund is one the most popular saving schemes. Apart from higher interest rates compared to bank deposits, PPF also offers a host of income tax benefits. In terms of income tax implications,PPF enjoys an EEE - exempt, exempt, exempt - status. This means the contribution, interest and maturity proceeds are all tax-free. PPF con...
-
RBI tightens rules on banks' large-value deposits
The Reserve Bank of India (RBI) tightened the rules of offering differential interest rates on large size term deposits and also said banks can stop large depositors from premature withdrawal of their money.
