Way2Goals coverage in Jago Investor

I want to invest Rs 1,00,000 in a Fixed Deposit for 2 yrs in a public Sector Bank. I come in 30.9% Tax bracket. Which is the best Bank for me that will provide the maximum return? How do you answer this question? I also wan to get all the information on the Bank in India at a single place; Which is the website I should checkout? In this short article, we will see a very useful website which gives you all the information on Fixed Deposits and Banks in India.....

Allahabad Bank

Interest Rates Effective from December 18th, 2012

Andhra Bank

Interest Rates Effective from 2nd April, 2013

Axis Bank

Interest Rates Effective from January 12th, 2013

Bank of Baroda

Interest Rates Effective from February 9th, 2013

Bank of India

Interest Rates Effective from October 8th, 2012

Bank of Maharashtra

Interest Rates Effective from 2nd April, 2013

Barclays Bank

Interest Rates Effective from February 1st, 2013

Canara Bank

Interest Rates Effective from March 8th, 2013

Central Bank of India

Interest Rates Effective from 3rd April, 2013

Citi Bank

Interest Rates Effective from December 28th, 2012

City Union Bank

Interest Rates Effective from January 1st, 2013

Corporation Bank

Interest Rates Effective from 2nd April, 2013

DBS India

Interest Rates Effective from January 24th, 2013

Dena Bank

Interest Rates Effective from March 15th, 2013

Development Credit Bank Ltd.

Interest Rates Effective from 1st April, 2013

HDFC Bank

Interest Rates Effective from December 15th, 2012

HSBC Bank India

Interest Rates Effective from January 9th, 2013

ICICI Bank

Interest Rates Effective from January 26th, 2013

IDBI Bank

Interest Rates Effective from February 1st, 2013

Indian Overseas Bank

Interest Rates Effective from February 13th, 2013

IndusInd Bank

Interest Rates Effective from November 30th, 2012

ING Vysya Bank

Interest Rates Effective from February 2nd, 2013

Karnataka Bank

Interest Rates Effective from November 10th, 2012

Post Office

Interest Rates Effective from April 1st, 2012

Punjab and Sind Bank

Interest Rates Effective from July 16th, 2012

Punjab National Bank

Interest Rates Effective from March 1st 2013

South Indian Bank Limited

Interest Rates Effective from 1st April, 2013

Standard and Chartered Bank

Interest Rates Effective from December 14th, 2012

State Bank of Bikaner and Jaipur

Interest Rates Effective from March 4th, 2013

State Bank of Hyderabad

Interest Rates Effective from 1st April, 2013

State Bank of India

Interest Rates Effective from March 1st, 2013

State Bank of Mysore

Interest Rates Effective from March 4th, 2013

State Bank of Travancore

Interest Rates Effective from January 1st, 2013

Syndicate Bank

Interest Rates Effective from 3rd April, 2013

Tamilnad Mercantile Bank Limited

Interest Rates Effective from March 6th, 2013

The Catholic Syrian Bank

Interest Rates Effective from 1st April, 2013

The Jammu and Kashmir Bank Limited

Interest Rates Effective from February 15th, 2013

The Karur Vysya Bank Limited

Interest Rates Effective from 1st April, 2013

The Lakshmi Vilas Bank

Interest Rates Effective from November 28th, 2012

TNSC Bank

Interest Rates Effective from May 14th, 2012

Union Bank of India

Interest Rates Effective from February 21st, 2013

United Bank of India

Interest Rates Effective from March 1st 2013

Vijaya Bank

Interest Rates Effective from March 13th, 2013

Yes Bank

Interest Rates Effective from 1st April, 2013

To attract foreign currency into India, Indian government has freed the NRE deposit rates. As the global interest rates in banks are very low, more and more non-resident Indians (NRIs) are moving their money into non-resident (external) rupee account (NRE). Compared to FCNR (foreign currency non resident) and NRO (non-resident ordinary) accounts, the interest rates are higher for NRI deposits. The interest earned on NRI deposits.........


Warren Buffet's words of wisdom

way2goals Warren Buffet photo

  • Rule No.1: Never lose money.
  • Rule No.2: Never forget rule No.1
  • Be fearful when others are greedy.
  • Be greedy when others are fearful.
  • It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
  • Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.
  • Price is what you pay. Value is what you get.
  • It takes a lifetime to build a reputation and five minutes to ruin it.
  • Never invest in a business you cannot understand.
  • Only buy something that you'd be perfectly happy to hold if the market shut down for ten years.
  • Someone is sitting in the shade today because someone planted a tree a long time ago.
  • Risk comes from not knowing what you're doing.
  • If you don't feel comfortable owning something for 10 years, then don't own it for 10 minutes.
  • If a business does well, the stock eventually follows.
  • I wouldn't mind going to jail if I had three cellmates who played bridge.
  • The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.
  • Come to Omaha - the cradle of capitalism - in May and enjoy yourself.