Search For "deposits"
Understanding the Difference between RD and Mutual Funds: A Complete Guide
Updated : 11 months, 2 weeks ago IST
New Delhi [India], April 2: While considering investment options, investors tend to compare recurring deposits (RD) and mutual funds to determine the suitable option based on their financial goals. Both investments possess differing features and, hence may suit different investor profiles. W
Read More
Ensuring Financial Stability: Understanding Nominees vs. Legal Heirs
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], March 26: Understanding the distinction between nominees and legal heirs is crucial to ensuring financial stability and effective estate management. Most investment tools, such as mutual funds and fixed deposits (FDs), allow you to nominate someone to receive th
Read More
ED attaches assets worth Rs 36.21 cr in CA Amber Dalal case under PMLA
Updated : 11 months, 3 weeks ago IST
As per the ED, the attached properties include 10 immovable assets located in Mumbai and Kolkata, along with movable assets in the form of fixed deposits, shares, mutual funds, and investments in alternative funds.
Read More
Unlocking the Power of Compounding with Fixed Deposits
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposits (FDs) have long been a popular investment choice for individuals seeking steady returns on their savings. One of the key advantages of FDs is the power of compounding, a financial phenomenon that can significantly amplify your investment
Read More
Kotak811 Mobile Banking App: Simplifying Fixed Deposits with Just a Few Ta
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 24: The Kotak811 Mobile Banking App has redefined digital banking by offering a seamless, fully online experience for savings, investments, and transactions. As an end-to-end digital banking platform, Kotak811 eliminates the traditional barriers of banking, making fi
Read More
Frequency of Interest Payments in Fixed Deposits: A Comprehensive Guide
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], March 24: Fixed Deposits (FDs) remain one of the most popular investment avenues for individuals seeking a stable return on their savings. While the interest rates offered on FDs can vary, another crucial factor to consider is the frequency of interest payments.
Read More
Maximize Your Savings Through Ujjivan Small Finance Bank's Tax Saving Fixe
Updated : 11 months, 4 weeks ago IST
Bangalore (Karnataka) [India], March 20: Tax Saving Fixed Deposits are gaining a great deal of interest from investors seeking higher yields and tax related savings. High interest rates offered by banks and its dependability in safeguarding investor funds contribute to its popularity. In com
Read More
Mastering the Art of Calculating Fixed Deposit Interest Rates
Updated : 12 months ago IST
Mumbai (Maharashtra) [India], March 18: Fixed Deposits (FDs) are a popular investment option for many due to their stability and predictable returns. Understanding how interest rates are calculated on FDs is crucial for making informed financial decisions.
Read More
Save with Trust: Sundaram Finance Launches Digital Deposit Facility
Updated : 1 year ago IST
New Delhi [India], March 4: Sundaram Finance Ltd, one of India's most trusted NBFCs, has introduced a Digital Deposit facility, making savings simpler, safer and more accessible than ever. For over 70 years, Sundaram Finance has been a name synonymous with trust and financial security. With
Read More
EPFO interest rate will continue to be 8.25 pc for FY2024-25
Updated : 1 year ago IST
The Employees' Provident Fund Organisation (EPFO) has recommended an interest rate of 8.25 per cent on Employees' Provident Fund (EPF) deposits for the financial year 2024-25.
Read More
Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes w
Updated : 1 year ago IST
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
Read More
Can You Get a Loan Against Your Fixed Deposit?
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], February 3: Fixed deposits (FDs) are a popular investment option due to their predictable returns and stability compared to other market-linked investment products. However, there may be instances when you need immediate liquidity, even before your FD matures. F
Read More