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  2. Flexi Fixed Deposits - Wikipedia

    en.wikipedia.org/wiki/Flexi_Fixed_Deposits

    The remaining balance in the FD continues to earn higher interest at the original rate applicable to FDs. [1] In the event the customer wants to withdraw more than what is deposited in his savings account, the bank would withdraw money from the fixed deposit component.

  3. Fixed deposit - Wikipedia

    en.wikipedia.org/wiki/Fixed_deposit

    A fixed deposit means that the money cannot be withdrawn before maturity unlike a recurring deposit or a demand deposit. Due to this limitation, some banks offer additional services to FD holders such as loans against FD certificates at competitive interest rates. Banks may offer lesser interest rates under uncertain economic conditions. [1]

  4. Recurring deposit - Wikipedia

    en.wikipedia.org/wiki/Recurring_deposit

    The rate of penalty will be fixed upfront. Interest is compounded on a quarterly basis in recurring deposits. One can avail of loans against the collateral of a recurring deposit up to 80 to 90% of the deposit value. [2] The rate of interest offered is similar to that of a regular fixed deposits. [2]

  5. These Countries Offer the Highest Interest Rates Today - AOL

    www.aol.com/countries-offer-highest-interest...

    Interest Rates Today: The Highest Interest Rates in the World. Checking, savings, money market account and CD interest rates in the United States have improved but are still are low. Consider that ...

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

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

    Typical interest rates on home equity loans are lower than those of the average credit card and personal loan, and tapping into your home's value to pay off high-interest debt could significantly ...

  7. 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]

  8. Deposit account - Wikipedia

    en.wikipedia.org/wiki/Deposit_account

    A money deposit at a banking institution that cannot be withdrawn for a preset fixed 'term' or period of time and will incur penalties for withdrawals before a certain date.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

  9. Bank rate - Wikipedia

    en.wikipedia.org/wiki/Bank_rate

    Bank rate, also known as discount rate in American English, [1] and (familiarly) the base rate in British English, [2] is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some countries as ...

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