Monthly Archives: February 2024
Whether you are a working professional or a recently retired person, one type of investment that is bound to be part of your portfolio is a fixed deposit. A fixed deposit (FD) is typically opened with banks and can provide a relatively stable income at regular intervals. This article will particularly dwell on the various…
When you park your money in an interest-bearing fixed deposit (FD)for a specific period, you aim to grow your savings and steadily build a corpus. FDs come in various tenures ranging from 7 days to 10 years and you can lock in your FD for a specific period of your choosing. But suppose you are…
Are you an NRI looking to make international money transfers? Whether sending money to family or investing in a business opportunity, navigating the world of international money transfers can be overwhelming. Fortunately, there are several essential tips and best practices that every NRI should know to make the process as simple and cost-effective as possible….
Saving money is vitally important for long-term financial well-being and security. However, with ever-rising costs of living and lifestyle inflation, it can be difficult to put aside a significant chunk of your monthly earnings. This article will break down the various aspects of effective long-term savings and provide a solid roadmap to help you master…
When you think about investing money, wouldn’t it be great to know exactly how much you will get back at maturity or redemption? That’s the power of Fixed Deposits (FDs). The moment you book an FD, your returns are clear from day one. Your hard-earned money stays safe, untouched by market fluctuations or economic certainty. …