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  2. Recurring deposit - Wikipedia

    en.wikipedia.org/wiki/Recurring_deposit

    A recurring deposit is a special kind of term deposit in India that is offered by Indian banks and India Post which helps people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits. [1] [2]

  3. National Savings Certificates (India) - Wikipedia

    en.wikipedia.org/wiki/National_Savings...

    Other similar government savings schemes in India include: Public Provident Fund (PPF), Post Office Fixed Deposit, Post Office Recurring Deposit, etc. [3] The certificates were heavily promoted by the Indian government in the 1950s after India's independence, to collect funds for nation-building

  4. Fixed deposit - Wikipedia

    en.wikipedia.org/wiki/Fixed_deposit

    A fixed deposit (FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. The term fixed deposit is most commonly used in India and the ...

  5. Fixed vs. variable interest rates: How these rate types work ...

    www.aol.com/finance/fixed-vs-variable-interest...

    Tiered interest offers different series of APY ranges depending on how much you deposit into a bank account — typically the more you deposit, the higher the rate of return. This is most common ...

  6. Flexi Fixed Deposits - Wikipedia

    en.wikipedia.org/wiki/Flexi_Fixed_Deposits

    A Flexi-Fixed deposit is a special kind of deposit offered by banks in India. It is a combination of a demand deposit and a fixed deposit . The depositor is able to enjoy both the liquidity of savings and current accounts and the high returns of fixed deposits.

  7. Postal savings system - Wikipedia

    en.wikipedia.org/wiki/Postal_savings_system

    In Ireland, An Post provide a Post Office Savings Bank Deposit Account. It provides an interest rate of 0.15% which is added to the account at the end of the year. Customers are provided with a physical deposit book and can deposit and withdraw from the account using the deposit book at any Post Office Branch.

  8. Savings interest rates today: Yes, you can still find APYs of ...

    www.aol.com/finance/savings-interest-rates-today...

    At the conclusion of its sixth rate-setting policy meeting of 2024 on September 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 50 basis points to ...

  9. Interest rate - Wikipedia

    en.wikipedia.org/wiki/Interest_rate

    The annual interest rate is the rate over a period of one year. Other interest rates apply over different periods, such as a month or a day, but they are usually annualized. The interest rate has been characterized as "an index of the preference . . . for a dollar of present [income] over a dollar of future income". [1]