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...
All about Kisan Vikas Patra (KVP) | Interest Rate @ 7.3% Read More
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: 4 Reasons not to invest in this Read More
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...
PPF Account and PPF Interest Rate @ 7.6% Read More
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...
What is NRE Account & NRE Account Interest Rate Read More
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...
What is FCNR Account? Fixed Deposits for NRI’s in India Read More
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): Interest Rate & Tax Benefits Read More
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...
PPF Account in ICICI Bank – Apply Online Read More
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...
PPF Account in SBI : How to open and Transact Online Read 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...
How much time does it take to double your Money? Read More
We all work day and night for one thing – Money. We all ensure that we use this Money for the right purpose so that we can also save for future. But how many of us actually invest this saved...