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.

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 Senior Citizens

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 General Public

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 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
Vijaya Bank 3 years to 5 Yrs9.00100000130604130604114842
State Bank of Mysore Above 2 YEARS & upto 3 years9.00100000130604130604114842
Indian Overseas Bank 2 Years to 3 Years 9.00100000130604130604114842
Canara Bank 3 YEARS and above to less than 5 years9.00100000130604130604114842
City Union Bank 1 year and above and upto 5 years9.00100000130604130604114842
IDBI Bank 501 days to less than 5 years9.00100000130604130604114842
Karnataka Bank 1 year to 3 years9.00100000130604130604114842
Tamilnad Mercantile Bank Limited Above 2 years less than 5 years9.00100000130604130604114842
Allahabad Bank 3 years to less than 5 years8.90100000130222130222114459
Bank of India 3 YEARS to less than 5 years8.90100000130222130222114459
State Bank of India 3 years to less than 5 years8.75100000129650129650113887





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.