Search results
Results from the WOW.Com Content Network
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.
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.
High fixed interest rates. Due to their fixed terms and low deposit requirements, CDs can offer significantly higher interest rates when compared to traditional savings and checking accounts ...
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 ...
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]
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Dual interest rates refers to a policy implemented by central banks which aims to influence lending rates independently of deposit rates as a means of stimulating economic activity. [1] Policies similar to this have long been a feature of Chinese monetary policy. [ 2 ]
A money deposit at a banking institution that cannot be withdrawn for a preset fixed 'term' or period of time and will incur penalties for withdrawals before a certain date. When the term is over it can be withdrawn or it can be rolled over for another term. Generally speaking, the longer the term the higher the interest rate offered by the bank. 5