Category: Fixed Deposit

हिंदी में पढ़े Fixed deposits and mutual funds are two of the popular investment choices. Both options provide investors with promising returns to help them realize their goals well within time. Where fixed deposits offer guaranteed returns at pre-fixed interest rates, mutual fund investments provide variable returns depending upon how the market performs. In this…

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. Book FDs...

On the 1st of February 2020, Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Parliament. In it, an increase in deposit insurance to Rs. 5 lakh was proposed which was earlier set at Rs. 1 lakh for the bank account holders. This revision in the insurance cover came into effect from the 4th of February, 2020. What is…

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...

हिंदी में पढ़े 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 deposit. With an ever-changing investment arena, FD provides risk-averse investors with assured returns coupled with decent rates. Also, this option...

Fixed deposits also known as term deposits are one of the most popular investment instruments in India owing to a number of benefits which they offer. Besides providing for safety of capital and assured returns, fixed deposits also qualify for a tax deduction under Section 80C of the Income Tax Act. Thus, it is both…

For every individual, whether salaried or self-employed, saving money proves to be an essential part of one’s life. Saving money is easier said than done. Every individual aims to save a certain amount of money but end up spending it all. This could lead to several problems in the long run when you will be…

We know about FD, don’t we? But just so that we are on the same page fixed deposits are one of the safest and most consistent saving schemes that guarantee us a fixed percentage of the principal as the return over their tenure. Fixed deposits can be opened by Indian residents, Senior Citizens, and NRIs….

Fixed Deposit and Recurring Deposit are the most popular investment products in India, especially if you are looking for a risk-free investment. One of the major advantages of investing in an FD or RD is that there are fixed returns over a specified period of time with no risk involved. Bank Fixed Deposits and Recurring...