Fixed deposit (FD) is one of the most common and post popularly sought after investment option by majority of the population. FD is a handy option too when it comes to investing your money long term or short term (you choose this) for a slightly higher interest rate! At the … [Read more...] about Pros and Cons of FD: Is Fixed Deposit Good Or Bad? How It Compares With PPF, NPS? Should You Invest?
Fixed Deposits (FDs)
FD and RD are the most common investment and savings options among people. Even though we invest in various schemes, we still stick to one or two FDs or RDs! Recently, banks have reduced the FD interest rates pretty much and they are not very competitive as they used to … [Read more...] about Canara Bank Revised FD Interest Rates | How Can You Get Best Interest Rates For Your FD?
Opening bank accounts online has become a trend these days. Especially give the pandemic times, many prefer to do banking tasks right from their home and avoid visiting the bank branch. One such thing that's on the rise is the amount of people opening bank accounts online … [Read more...] about What is ICICI Insta Save Savings Account – What are the features and benefits? Do you need one?
If you have a savings bank account with Indian Bank, you can easily open a Fixed Deposit account (FD) using mobile banking. You need not visit the bank in order to open an FD account. If you have IndPay app installed in your mobile phone, you can open a FD account in a … [Read more...] about How to open a Fixed Deposit Account FD using Indian Bank Mobile Banking app IndPay?
A Fixed Deposit is a wonderful way to keep some money saved with a higher interest rate than keeping the money in a regular savings account. Opening a Fixed deposit account is also a sign of a good savings habit. It is because you safeguard a particular amount of money that … [Read more...] about What are the types of Fixed deposit accounts available in India
The world is hit very badly by the novel Coronavirus infection. People are dying. Many are in isolation. And the economy is very badly hit too. While in many sectors, people are advised to work from home with offices closed, banking is one sector that cannot implement this … [Read more...] about Covid-19: Banking tips for times of pandemic like Coronavirus
We are more and more into digital transactions. We want comfort. More than going to the bank physically, we all prefer some sort of digital option to perform certain banking tasks. Banks are improvising in this direction and hence most banks have their official apps so … [Read more...] about What are the types of Bank Accounts in India (Features and benefits)
If you are having a Fixed deposit account in SBI, then this post is for you. In your fixed deposit account, is there any tax deduction in the interest you are getting? Don't worry! Here is the solution and find out what you have to do for that. Tax deduction in deposit … [Read more...] about How form 15G/15H acts as tax saver for your interest and how to submit one?