Your Money

India Post offers four types of time deposit and one kind of recurring deposit, which fetch interest rates in the range of 6.9-7.8 per cent, according to its website.

Fixed Deposit Interest Rates: Bank fixed deposits (FDs) are one of the most popular fixed income instruments. Investing in a fixed deposit is secure because the returns on FD are fixed across predetermined, specific periods of time.

One can look at transferring his/her home loan if one is not satisfied with services of the existing lender, for instance, if a bank is slow to react in reducing interest rates when the RBI reduces the policy rates.

SBI internet banking subscribers - SBI customers who have opted for the bank's internet banking facility - can activate their newly-issued ATM card online, without having to visit an ATM or bank branch.

The central bank has set a December 31 deadline for commercial banks to migrate from magnetic stripe-based cards to EMV chip-and-pin cards.

PAN - a 10-character alphanumeric number issued to income tax assessees - can be verified online through the Income Tax Department's website. In order to be able to use this facility of the Income Tax Department, the user is required to enter details such as name, date of birth and the PAN available with him or her on the Income Tax Department's e-filing portal - incometaxindiaefiling.gov.in.

The Atal pension scheme - or Atal Pension Yojana - allows persons between 18 and 40 years of age to invest for up to 20 years to earn a fixed monthly pension of Rs 1,000-Rs 5,000 after attaining retirement at the age of 60 years, according to pension regulator PFRDA or Pension Fund Regulatory and Development Authority.

Top banks, from state-run State Bank of India (SBI) and Punjab National Bank (PNB) to private sector peers HDFC Bank and ICICI Bank, provide interest rates (or return on investment) to the tune of 6.25-7.75 per cent per annum on income tax-saving fixed deposits up to Rs 1 crore.

Leading banks such as SBI, HDFC Bank and ICICI Bank have fixed their MAB requirements according to the location of a customer's account.

Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the option of opening a FD.

BHIM SBI Pay offer on fuel purchase is open to all Indian citizens aged 18 or over, as on April 1 2018, residing in India only, said SBI.

Bank fixed deposits (FD) are fixed income instruments which offer fixed returns for a pre-determined specific period of time.

SBI Fixed Deposit account: SBI offers a wide range of FD schemes that comes with flexible tenure options.

SBI's Tax Savings Scheme offers tax benefits for up to Rs. 1.5 lakh under Section 80C of Income Tax Act.

Recurring Deposit or RD is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income.