Beating inflation in your golden years

I am sure most of you have seen 'Baghban' movie. Everyone sympthizes with the retired couple and their torment in the film. The movie is a classic example of how one should not approach their so called "golden years" or retirement period......

Bank Name Interest Rates
Effective from

Andhra Bank May 25th, 2014
Bank of Baroda January 1st, 2014
Bank of India Febuary 20th, 2014
Bank of Maharashtra October 14th 2013
Canara Bank January 1st, 2014
Central Bank of India 3rd April, 2013
Corporation Bank July 9th 2014
Dena Bank June 1st, 2014
Indian Overseas Bank 12th August , 2013
Punjab and Sind Bank Feb 1st, 2014
Punjab National Bank March 19th, 2014
Syndicate Bank June 26th 2014
Union Bank of India November 11th , 2013
United Bank of India February 13th, 2014
Vijaya Bank July 1st, 2014
State Bank of Hyderabad December 1st, 2013
State Bank of India February 18th, 2014
State Bank of Travancore April 1st, 2014
Deutsche Bank July 10th, 2014
Barclays Bank May 29th, 2014
Citi Bank February 21st, 2014
Standard and Chartered Bank April 1st, 2014
HSBC Bank India June 2nd, 2014
Axis Bank November 1st, 2013
City Union Bank January 1st, 2013
Allahabad Bank Feb 4th 2014
HDFC Bank December 15th, 2012
ICICI Bank 16th August , 2013
IDBI Bank January 16th, 2014
IndusInd Bank June 1st, 2014
ING Vysya Bank March 28th, 2014
Karnataka Bank November 7th, 2013
Kotak Mahindra Bank November 21st, 2013
Tamilnad Mercantile Bank Limited May 22nd, 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 26th August , 2013
South Indian Bank Limited March 1st, 2014
TNSC Bank May 14th, 2013
DBS India April 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 October 11th 2013

Tax Saving Schemes for Senior Citizens

Fixed deposit interest rate information updated on August 7th, 2014. Tax saving schemes for General Public

Now finding best fds (highest paying fixed deposits) is simple. 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 Karur Vysya Bank Limited Above 2 years and Upto 3 years9.25100000131566131566115803
Tamilnad Mercantile Bank Limited Above 2 years less than 5 years9.25100000131566131566115803
Bank of Maharashtra 3 YEARS Mahalaximi9.15100000131180131180115418
Corporation Bank 3years to 3 years and 3 months9.11100000131027131027115264
Karnataka Bank Above 2 years to 3 years9.10100000130988130988115226
Bank of Baroda 1 year and above up to 6 years 3 months9.05100000130796130796115034
Canara Bank 3 YEARS and above to less than 5 years9.05100000130796130796115034
Allahabad Bank 3 years to less than 5 years9.05100000130796130796115034
Bank of India 3 YEARS to less than 5 years9.05100000130796130796115034





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 48. 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 6.75 % P.A has maturity Value of Rs. 122239. As you can see a small difference in interest rate of 2.65 % Per Annum over 3 years can lead upto a difference of Rupees 9907 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.