Switch to a Smart Way of Investing: Advantages of Digital Fixed Deposits
Posted on Friday, May 24th, 2024 |

Fixed Deposits have been a trusted method of saving in India for decades. The advantages of FDs are well known to everyone. They offer guaranteed returns, making them a popular choice for risk-averse individuals. People have been investing in traditional FDs for a long time now, but the offline and lengthy process might not be…
Read moreWhat’s the Difference Between NSC and FD?
Posted on Friday, May 24th, 2024 |

When it comes to investments, investors have many investment options suitable for diverse risk-return needs. National savings certificates (NSC) and fixed deposits (FD) are the two of the most popular investment options among other preferred traditional investment choices of individuals. These investment avenues are time-tested and preferred by investors seeking capital preservation and steady returns. …
Read moreComparing Cumulative vs. Non-cumulative Fixed Deposits
Posted on Friday, May 24th, 2024 |

Fixed deposits are a cornerstone of many investment portfolios in India. They offer a haven for your money, guaranteeing a fixed return over a predetermined tenure. But when exploring FDs, a crucial decision arises: which one to choose – cumulative vs non-cumulative fixed deposits? Understanding the distinctions between these two options can significantly impact your…
Read moreImpact of Repo Rate on Fixed Deposit Interest Rates
Posted on Friday, May 24th, 2024 |

Repo rate plays a crucial role in deciding the interest rates on loans and fixed deposits. The repo rate is the rate at which the Reserve Bank of India lends money to commercial banks to help them meet their liquidity requirements under its liquidity adjustment facility (LAF). RBI’s rate-setting committee, the Monetary Policy Committee (MPC),…
Read moreUnravelling the Differences Between Savings Account and Fixed Deposit
Posted on Monday, May 20th, 2024 |
aving your earnings is significant. One must pay close attention to every aspect of personal finance, such as understanding the different types of accounts and how they help in safeguarding and multiplying the money. Savings accounts and fixed deposit accounts are popular choices for individuals looking to save and grow their money. While both serve…
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