Save Money
Benefits of Recurring Deposit: What makes RD an attractive savings scheme
Consistently saving every month will help you accelerate your wealth creation journey. If you want to automate the savings process, you can consider opening a recurring deposit, which is one of the most effective tools to build savings. A recurring deposit is a savings instrument that enables you to save a small amount every month ... Benefits of Recurring Deposit: What makes RD an attractive savings scheme
- Anuj Agarwal
- 27 February 2023 • 6 min read
Who can open a Jan Dhan Account?
A bank account is often a basic necessity for all. It helps you keep your money safe, enables online and cashless transactions, and entitles you to earn interest for your parked money. Unfortunately, we still have a vast population that is unable to enjoy some basic amenities such as a bank account. There could be ... Who can open a Jan Dhan Account?
- Anshul Gupta
- 4 December 2022 • 6 min read
FD double Scheme: Features, Interest & All You Need to Know
There are many paths to wealth creation. The simplest of them is to make your money work for you. The magic of compounding works wonders to create more money from your investments. As such, the longer you hold your investment, the better the return and growth. Bank Fixed Deposits (FDs) are the most trusted financial ... FD double Scheme: Features, Interest & All You Need to Know
- Vaibhav Khandelwal
- 1 December 2022 • 9 min read
FD Interest Rates: All You Need to Know
One of the ways you can build a steady savings habit is by putting your money in fixed deposits. It is however prudent for you to compare and contrast interest rates offered and their terms prior to depositing your funds. FD interest rates enable you to estimate the profit you can expect to generate from ... FD Interest Rates: All You Need to Know
- Anshul Gupta
- 1 December 2022 • 8 min read
Term Deposit vs Fixed Deposit
When building your investment portfolio, a fixed deposit is a natural choice. Moreover, FDs are considered safe and offer guaranteed returns. Most importantly, you have the flexibility to choose the amount you invest and the tenure of investment based on your preferred investment horizon. With an interest rate better than a savings account, the income ... Term Deposit vs Fixed Deposit
- Anuj Agarwal
- 28 November 2022 • 7 min read
Comparing Liquid Funds vs FD: Which Offer Better & Much Higher Returns?
Fixed deposits (FDs) are considered one of the most risk-free investment options and have been a favourite among investors for decades. While the returns are fixed and assured, they tend to be much lower than other instruments, such as stocks or mutual funds. Investors looking for low-risk investments with high liquidity and slightly higher returns ... Comparing Liquid Funds vs FD: Which Offer Better & Much Higher Returns?
- Anshul Gupta
- 28 November 2022 • 9 min read
When Will FD Interest Rates Increase in India?
Fixed deposits have been one of the most sought-after investment options in India for a long time. The conservative nature of the scheme is the main reason for its popularity since most Indians are averse to risky investment options. Even investors with high-risk appetite allocate a certain portion of their portfolio to FDs due to ... When Will FD Interest Rates Increase in India?
- Anuj Agarwal
- 17 November 2022 • 6 min read
Post Office Fixed Deposit: Interest Rate, Tenure and More
One of the largest postal service networks in the world, India Post, also functions as a bank. The Post Office’s savings products serve the investment requirements of millions of Indians. One of the most popular savings products that the Post Office offers is the fixed deposit scheme. Post Office FD or National Savings Time Deposit ... Post Office Fixed Deposit: Interest Rate, Tenure and More
- Anuj Agarwal
- 13 November 2022 • 13 min read
Formula to Calculate Recurring Deposit (RD) Maturity Amount
A recurring deposit scheme is a systematic saving scheme that allows you to invest small amounts regularly and build up a corpus. Like fixed deposits, recurring deposits give assured interest income on your savings. However, unlike fixed deposits, recurring deposits do not require a lump sum investment. Under these deposits, you can save in instalments ... Formula to Calculate Recurring Deposit (RD) Maturity Amount
- Anuj Agarwal
- 13 November 2022 • 5 min read
Learn the Process of IPPB Mobile Number Change
The Indian Post Payments Bank (IPPB) is a financial initiative launched by the government of India. This service was introduced to provide banking services to people more straightforwardly, at their convenience. With the onset of mobile and net banking in the banking industry, it has become paramount to be in tune with new technology. Nowadays, ... Learn the Process of IPPB Mobile Number Change
- Anshul Gupta
- 13 November 2022 • 7 min read
