Blog
What is the SBI Reinvestment Plan? What are the benefits of this FD?
The State Bank of India (SBI) offers a type of fixed deposit (FD) called the reinvestment plan, where interest is paid only at the time of maturity. The regular interest is added to the principal, and the compound interest is calculated and paid. It is not like a...
Plan your secure retirement today with Capital Guarantee Retirement schemes: Know benefits
We all have many dreams for ourselves and our family. We work hard to make these dreams come true so as to give your family a better future. The most important thing to fulfill your dreams is to prepare for it in advance. But for the people, especially the salaried...
Never make these mistakes for better credit scores
The credit score doesn't have to be above 750 to apply for new loans. The credit score is estimated between 300 and 900, while the score above 750 is considered better. However, many people still don't know how to make credit scores better. Those whose salary is low...
SBI Special FD scheme: Know the benefits and interest rate of the scheme
State Bank of India (SBI) has extended the Special FD Scheme (SBI Wecare) for senior citizens. The bank had launched the scheme to provide higher interest rates to the senior citizens amid falling interest rates. At that time, the bank said that the scheme would be...
SBI changed the FD interest rates: Know the latest FD rates here
State Bank of India (SBI), the country's largest bank, has changed its interest rates on FD. The bank has reduced the interest rate on selected maturities. The new interest rates will come into effect from September 10. The bank has cut the interest rate on FDs...
How to get a home loan? Things to keep in mind before applying
Creating or buying an own home is a dream for every person, and home loan helps a lot to fulfill that dream. Today we'll see how you can increase the chances of getting your home loan by following a few steps. How to apply for a loan? Whether you'll get a home loan,...
SBI changing ATM withdrawal rules from 18th September: Know what they are?
State Bank of India (SBI) customers will need a one-time password (OTP) for withdrawal of more than Rs 10,000 at any time from the bank's ATM from Friday. The bank has taken this step to make transactions safe from ATMs. This means that if you are an SBI customer and...
What is the FD account? What are the benefits and how to open it
What is the FD account? It is an account providing interest in the amount you have deposited up to a certain date and a fixed interest rate. In FD Account, you have to deposit the amount for a certain time, and you get more interest than any Saving Account. But...
World Bank Human Capital Index of 2020 ranked India 116th in the list
India ranks 116th in the latest edition of the World Bank's annual Human Capital Index. This index evaluates the key components of human capital in countries. According to the Human Capital Index report released by the World Bank, India's score has increased from 0.44...