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…

What to Do When an ATM Does Not Dispense Cash, but the Current Account Is Debited?

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The inconvenience of “account debited but cash not dispensed” is a situation no one wants to be in. ATM transactions are usually quick, secure, and hassle-free. However, sometimes things can go wrong, like when the ATM fails to release cash, but the amount is still deducted from your current account. This situation can be quite…

Monthly Interest Rates on ₹50,000 Fixed Deposit

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If you have a lump sum amount you wish to invest for secure and steady returns, one of the best options in the market is a fixed deposit (FD).   When you invest a sum of money in an FD, you earn a fixed interest rate over a specified period. If you are planning to invest…