Credit Card Update: Cashback and Incentive Points Adjustment for Axis Bank Customers
Axis Bank credit cardholders who frequently shop at Flipkart will experience changes in their benefits until August 12, 2023.
The cashback and incentive points will be reduced, but they will be eligible for 1.5% cashback when using the credit card for travel expenses on Flipkart.
SBI Amrit Kalash: Last Chance to Invest in Special FD Scheme
Investors interested in SBI’s special FD scheme, Amrit Kalash, have until August 15 to participate.
This 400-day term deposit offers an attractive interest rate of 7.1% for regular customers and 7.6% for senior citizens, along with options for premature withdrawal and loans.
Indian Bank IND SUPER 400 Days Special FD: Limited-Time Investment Opportunity
Indian Bank introduces the “IND SUPER 400 DAYS” special FD scheme, allowing investments from Rs 10,000 to Rs 2 crore.
The scheme offers 7.25% interest for common citizens and 7.75% interest for senior citizens.
The deadline to invest in this 400-day special FD is August 31, 2023.
Indian Bank 300-Day FD: Invest Before August 31
Indian Bank also offers a 300-day FD scheme with interest rates of 7.05% for regular customers and 7.55% for senior citizens.
Investors can participate by investing between 5 thousand to 2 crore rupees before August 31.
Income Tax Return Filing Deadline Approaching – Beware of Penalties
Those who haven’t filed their Income Tax Returns (ITR) by July 31 will face penalties starting August 1, 2023.
The penalty for late filing is Rs 5,000 under Section 234F of the Income Tax Act 1961.
However, individuals with annual incomes less than five lakhs will be subject to a reduced penalty of Rs 1000.
The deadline for belated returns is December 31, 2023.
IDFC Bank FD Offer: Invest Before August 15
IDFC Bank presents the Amrit Mahotsav Fixed Deposit Scheme for 375 days and 444 days with interest rates of 7.60% and 7.75%, respectively.
Investors must make use of this limited-time opportunity by investing before August 15.
Bank Holidays in August: Plan Your Branch Visits Accordingly
Be mindful of bank holidays in August as the banks will be closed for a total of 14 days.
If you have any branch-related work, ensure to settle it before these holidays to avoid inconvenience.
