How to Build an Emergency Fund?

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Have you ever thought about creating an emergency fund that protects you against financial uncertainties? In today’s unpredictable era, having a solid emergency fund is not just wise but crucial. Establishing an emergency fund does not have to be daunting. With a systematic approach, you can secure your future while enjoying mental peace.   Here’s a…

Key Fixed Deposit Rules and Regulations

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Have you ever thought about what makes Fixed Deposits (FDs) such an enticing investment option? The answer lies in their security, simplicity, and assured returns. However, to enhance your benefits, being well-versed with the key rules and regulations governing FDs is crucial. Being aware of these rules will help you make well-informed decisions and avoid…

Monthly Interest for a ₹5 Lakh Fixed Deposit (FD)

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Planning to invest ₹5 lakh in a fixed deposit? This is a smart move as investing in a fixed deposit offers a combination of safety, predictability, and stable returns. What makes FDs even more appealing is their ability to provide a regular monthly interest payout.   But how much would you earn on a substantial amount…

NCD vs Fixed Deposit (FD): Which is Better?

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Are you confused between investing in Fixed Deposits (FDs) and Non-Convertible Debentures (NCDs)? If unsure whether to invest in FDs or NCDs, consider factors like the investment time frame, risk appetite level, and desired returns. FDs offer guaranteed returns and safety, while NCDs might provide higher yields but come with higher risk.   Being aware of…

What is a Callable Fixed Deposit?

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Have you ever considered the possibility of withdrawing your fixed deposit before its maturity without any stress? If yes, then you are probably thinking about a callable fixed deposit. So, what is a callable fixed deposit? In simple terms, a callable fixed deposit permits you to withdraw your funds before the term ends, subject to…