answersLogoWhite

0

The average interest rate paid on savings accounts in India has been around the 3% mark for many years. However, recently it was hiked to be 4% in India which is the highest of any interest offered on savings accounts by banks in the world.

So, my guess is that it should have been 3 or 3.5% in 1986.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Finance

What are the implications of post-1986 contributions on retirement savings accounts?

Post-1986 contributions to retirement savings accounts have important implications for individuals' tax liabilities and withdrawal rules. These contributions are subject to specific regulations and can affect the amount of taxes owed upon withdrawal. It is crucial for individuals to understand these rules to effectively plan for their retirement and minimize tax consequences.


How much is a 100.00 bond worth from 1986?

The value of a $100 bond from 1986 depends on several factors, including the type of bond (e.g., savings bond, corporate bond, government bond) and prevailing interest rates. If it's a U.S. savings bond, you can check its current value using the U.S. Treasury's website, as these bonds accrue interest over time. However, if it's a corporate or municipal bond, its worth would depend on current market conditions, credit quality, and interest rates. Generally, bonds may also be traded at a premium or discount based on these factors.


How much is a fifty dollar savings bond wortht hat was bought in 1986?

The value of a $50 savings bond purchased in 1986 depends on the type of bond it is. For example, a Series EE bond issued in 1986 would have a value based on its interest accrual and would likely be worth significantly more than its face value today, potentially around $150 to $200, depending on the specific terms and when it was cashed. To get an exact value, you can use the U.S. Treasury's bond calculator or check with a financial institution.


What Year did the credit interest deduction end?

1986


What is the value of a fifty dollar United States savings bond issued in 1986?

i think most savings bonds reach full value at 30 years. so yours would be worth about 30 or 35 dollars

Related Questions

What are the implications of post-1986 contributions on retirement savings accounts?

Post-1986 contributions to retirement savings accounts have important implications for individuals' tax liabilities and withdrawal rules. These contributions are subject to specific regulations and can affect the amount of taxes owed upon withdrawal. It is crucial for individuals to understand these rules to effectively plan for their retirement and minimize tax consequences.


When did Hong Nin Savings Bank end?

Hong Nin Savings Bank ended in 1986.


When was BPI Direct Savings Bank created?

BPI Direct Savings Bank was created in 1986.


What Year did the credit interest deduction end?

1986


What was average home price 1986?

$100000


What is the value of a fifty dollar United States savings bond issued in 1986?

i think most savings bonds reach full value at 30 years. so yours would be worth about 30 or 35 dollars


Who bought National Permanent Bank?

Type your answer here... National Permanent Savings Bank was purchased by the then Citibank (now Citigroup) in 1986.


What was the Dow Jones average in 1986?

7500


Cost of gallon of gas in 1986?

The average price for a gallon of regular gasoline in 1986 was: $.93 cents.


The price of a gallon of gas in 1986?

The average price for a gallon of regular gasoline in 1986 was: $.93 cents.


What was the average price for a gallon of gas in 1986?

In 1986, the US national average for a gallon of regular gasoline was 93 cents - the equivalent of about $1.85 per gallon in 2010.


How much was a gallon of gas in 1986?

In the US in 1986, the average price of a gallon of regular gasoline was 86 cents.