Category: Fixed Deposit

Fixed deposits and mutual funds are one of the very popular investment choices. Both options provide investors with promising returns to help them realize their goals well within time. When making a comparison between two things, it is necessary to bring both at the same level and then draw a comparison. That is a sane...

Fixed deposits are one of the most preferred investment instruments opted by Indian populace, especially the risk-averse section. From bank deposits to NBFC deposits to post office time deposits, investors have wide range of options to choose from. There are various factors that make a scheme worthy of investing, like, if it offers the best...

For Indians, investing in a fixed deposit has always been one of the preferred choices. There is very low risk involved while the returns are guaranteed. Also, fixed deposits are not market linked thus market volatility plays no part, thus, an ideal choice for those who are less aware of the capital market. What is...

Fixed Deposits are one of the safest investment options and quite popular in our country among risk-averse investors. FDs are also called term deposits as they are booked for a fixed term which may range from as low as 7 days and can go up to 10 years. Also, fixed deposits provide guaranteed returns at...

Investing in tax saving financial instruments is a must for any earning individual whose income falls in the taxable income slab. There is a wide range of tax-saving options available in the market but for the risk-averse investors, five year tax-saving fixed deposits rank comparatively higher. There are guaranteed returns at attractive FD rates thus...

Fixed Deposits remain one of the most popular investment instruments in India, largely due to low risk and guaranteed returns. Most Savings Accounts offer interest at 3.5 – 4% p.a. whereas Fixed Deposits can provide an interest of up to 9.00% p.a. Hence, those with idle cash in their bank accounts can invest in fixed...

Tax Saving Deposits are a good way to get tax deduction under Section 80C of the Income Tax Act, 1961. You can claim a deduction of up to a maximum of Rs. 1.5 lakh by investing in them. The booking period for tax-saving fixed deposits is a minimum of 5 years and a maximum of...

Fixed Deposit has always been one of the top runners in the field of investment to park one’s savings. Especially when it comes to low-risk options, investors tend to turn towards fixed deposits. With an ever-changing investment arena, FD provides risk-averse investors with assured returns coupled with decent rates. Also, this option provides interest at...

Non-Resident External or NRE Account can be a Savings, Recurring or Fixed Deposit Account where NRIs can deposit their foreign currencies which gets remitted to an Indian Account. An NRE account is held in Indian Rupees and is completely tax-free. In this article, we will discuss how you can select the best NRE FD and...