The Revised Interest Rates on NRE Retail Term Deposit w.e.

For Retired Staff, applicable interest rate will continue to be governed by the decision taken by ALCO in its meeting No.-04/2019-20 held on Planning to opt for a term deposit plan Find FD and RD interest rates for Indians, NRIs, senior citizens offered by IndusInd Bank. Get complete details about NRO Fixed Deposit Interest rates & calculate your maturity amount.

Fixed deposits are a safe and reliable investment instrument that can be employed to achieve numerous financial goals. Opt for a long-term FD with a high-interest rate to ensure that you have sufficient funds to cover your child’s tuition fees and other expenses. For Senior Citizen (aged 60 and above), additional Interest rate of 0.50% and for Super Senior Citizens (aged 80 years and above), additional Rate of 0.75% continues. As per provisions of Income Tax Act, 1961, any long term capital gains arising from transfer of any capital asset would be exempt from tax under section 54EC of the Act if: The entire capital gain realized is invested within 6 months of the date of transfer in eligible bonds. CHILD’S EDUCATION: FDs can be a smart way to save for your child’s education.Interest rate for IOB tax Saver deposit will remain unchanged at 6.50%.

Hdfc nri fixed deposit calculator