Investing in financial schemes is a crucial component of holistic financial planning. One of the most popular and safe investment options is a Fixed Deposit (FD) – a financial tool that offers guaranteed returns. However, correctly calculating the monthly interest...
Are you aiming to build or enhance your credit history? Then, getting a Fixed Deposit (FD) Credit Card issued by financial institutions is the perfect choice for you. It allows you to avail of credit card facilities with a Credit...
Kisan Vikas Patra (KVP) which was discontinued in Dec 2011 has been again reintroduced in the Budget 2014 which was presented by Arun Jaitley. This instrument was earlier discontinued due to fears of Money Laundering as it was a Bearer...
Kisan Vikas Patra (KVP) has been reintroduced in Budget 2014 which was earlier discontinued in the year 2011. The Kisan Vikas Patra which is a fixed income earning instrument and on which fixed interest is paid can be purchased from...
We all have heard a lot about PPF Account and seen our parents make investment but what is PPF Interest Rate in India and what are the benefits of investing in this form of Instrument? This is one question which...
NRE Account stands for Non-Resident External Account and is one of the 3 forms of NRI Bank Accounts in India. Recommended Read: 3 Forms of NRI Bank Accounts in India NRE Account can be opened either in the form of...
With Interest rates on Fixed Deposits in India being significantly higher as compared to the Interest rates in the western countries, many NRI’s invest their surplus funds in fixed deposits in India through the 3 eligible forms of Bank Accounts...
National Savings Certificate (NSC), Public Provident Fund (PPF) and Kisan Vikas Patra(KVP) are the most popular fixed income earning instruments which can be opened with a Post Office and also help in saving tax under Section 80C. In this article, we...
With PPF Account giving a good return of 8.8% p.a., almost all taxpayers invest some portion of their income in PPF as not only is this investment deductible u/s 80C but the interest earned is also exempt. To know more...
In today’s world of increasing work pressure and stiff deadlines, many Individuals are not able to plan their taxes well and make use of all the Income Tax Rebates offered to them. But with the introduction of online banking, all...