Friends,
Everyone of us wants to invest his/her money in safer side and get more interest. Bank Deposit is one of the most secure deposits in India. There are so many Nationalised Public Sector Banks. Reserve Bank of India has authorised these banks to make deposits and pay interest. Each and every Bank has its own Rate of Interest which could be seen from the link provided below. Compare the rate of interest of these Banks and invest your money where you can get more return of the mone you invested. The Oriental Bank of Commerce has recentally changed the Interest Rates w.e.f. 03-08-2012. The rates are as under :
The FDR Interest Rate Chart of State Bank of India :
And the Interest Rate Chart of Punjab National Bank is as Under :-
Similarly you can view the Interest of Various Banks HERE
Andhra Bank has provided a Deposit Calculator. You have to just fill the Principal Amount, Interest Rate, Period (in Months or Days as applicable) and you have to select the type of Deposit i.e Recurring Deposit, Short Deposit, Fixed Deposit (Monthly Interest), Fixed Deposit (Quartely Interest) or Reinvestment Depost. The total interest along with Maturity Value will be calculated and displayed in seconds on your screen.
Here is the FDR/TDR Deposit Calculator
Similarly One can Calculate EMI Here
