Bank Name Interest Rates
Effective from

Andhra Bank August 8th, 2014
Bank of Baroda November 1st 2014
Bank of India Febuary 20th, 2014
Bank of Maharashtra September 22nd, 2014
Canara Bank October 1st, 2014
Central Bank of India 3rd April, 2013
Corporation Bank November 1st 2014
Dena Bank November 1st 2014
Indian Overseas Bank September 29th, 2014
Punjab and Sind Bank September 23rd, 2014
Punjab National Bank October 10th, 2014
Syndicate Bank October 10th, 2014
Union Bank of India November 11th , 2013
United Bank of India May 1st, 2014
Vijaya Bank September 6th, 2014
State Bank of Hyderabad November 1st 2014
State Bank of India October 7th, 2014
State Bank of Travancore April 1st, 2014
Deutsche Bank July 10th, 2014
Barclays Bank August 1st, 2014
Citi Bank November 1st 2014
Standard and Chartered Bank April 1st, 2014
HSBC Bank India October 18th,2014
Axis Bank November 1st, 2013
City Union Bank September 15th, 2014
Allahabad Bank March 4th 2014
HDFC Bank September 17th, 2014
ICICI Bank 16th August , 2013
IDBI Bank January 16th, 2014
IndusInd Bank October 1st, 2014
ING Vysya Bank August 26th, 2014
Karnataka Bank October 15th,2014
Kotak Mahindra Bank November 21st, 2013
Tamilnad Mercantile Bank Limited October 13th,2014
The Catholic Syrian Bank June 25th, 2014
The Jammu and Kashmir Bank Limited December 27th, 2013
The Karur Vysya Bank Limited July 14th, 2014
The Lakshmi Vilas Bank September 15th,2014
South Indian Bank Limited March 1st, 2014
TNSC Bank May 14th, 2013
DBS India November 1st 2014
Post Office April 1st, 2013
Yes Bank 1st August, 2013
State Bank of Mysore March 4th, 2013
Development Credit Bank Ltd. July 7th ,2014
State Bank of Bikaner and Jaipur September 1st, 2014

Income Tax for General public and Women

Financial year 2012-2013 Assessment year 2013-2014

Taxable Income Tax Payable
Upto Rs.2,00,000 NIL
From Rs.2,00,001 to Rs.5,00,000 10%
From Rs.5,00,001 to Rs.10,00,000 20%
Above Rs.10,00,000 30%

SB a/c rates

Starting October 25th 2011 , RBI has allowed all banks to offer and set their own rates for Savings Bank accounts. RBI allows two types of savings bank accounts for saving below Rs. 1 Lakh and savings above Rs. 1 Lakh. Now it is easy to earn more on your savings! The time of lazy savings is over and one has to take advantage of the market dynamics .....

Best Fds for General Public

Please note that information on this site will not be updated anymore. We are closing down. Thank you for your support so far . Interest Rates for Seniors

Now finding best fds (highest paying fixed deposits) is simple. The page below is like a fd calculator for people looking for best bank fixed deposits (fds) in India. Enter the amount you want to save Select the duration you will see the highest paying FD listed on the top of the table.

Amount(Rs.) Inflation % Duration TaxRate %

BankDurationRate(%)SavingsMaturityPost TaxPost Tax&Inflation
Development Credit Bank Ltd. 24 months to 36 months9.40100000132146132146116383
The Lakshmi Vilas Bank 2 Years to Up to 10 years9.25100000131566131566115803
The Karur Vysya Bank Limited Above 2 years and Upto 3 years9.25100000131566131566115803
Corporation Bank 3years to 3 years and 3 months9.11100000131027131027115264
Punjab and Sind Bank 3 years to 5 Years 9.00100000130604130604114842
Bank of Maharashtra 3 YEARS (Mahalaximi)9.00100000130604130604114842
Union Bank of India greater than 1 year to 5 year9.00100000130604130604114842





You can easily find out the best fd for amount, duration (All Banks, PSU Banks, Private Banks, Post Office and foreign Banks ) by changing values in the form above and hitting enter. Total number of FDs offered by different Banks for 3 years are 42. Your Saving of Rs.1 lakh in the highest interest rate at 9.40 % P.A. has a Maturity value of Rs 132146. The same at Lowest interest rate of 6.90 % P.A has maturity Value of Rs. 122781. As you can see a small difference in interest rate of 2.5 % Per Annum over 3 years can lead upto a difference of Rupees 9365 in maturity values. To Make it easy for you to choose the best fixed deposit we are showing the highest interest paying fixed deposits at the top. Earn more on your savings without increasing the risk.

Simple Formula for Financial Success

Spend less than you earn.
Be prepared for emergencies.
Pay yourself first.
Make your money work for you.
Invest early, regularly and for the long term. (With a horizon of at least 15 years)
Keep an eye on your post tax/post inflation returns.