Bonds are debt instruments preferred by investors who are risk-averse and would like to earn stable and regular income through their investments. Corporate bonds are issued by private corporations to raise funds for business expansion or launching new products. Another way of raising funds for these corporations is through equity shares. In this blog, the …
Corporate Bonds: Types, Interest Rates, Taxation & More Read More »
Bonds are debt instruments used by public as well as private entities to raise funds for a purpose. In return, such entities offer investors guaranteed returns as well as repayment of the principal amount within a stipulated time. Depending on the type of issuer, bonds can be govt. bonds, municipal bonds, public sector bonds, and …
Investors are always on the lookout for appropriate schemes which would help them increase their corpus. Fixed deposit schemes and the Public Provident Fund (PPF) are two popular investment options among Indian investors, especially for those who have a low-risk appetite. However, it can still be confusing for investors when it comes to choosing between …
CSB Bank Limited, established in 1920, is the oldest private sector bank in Kerala. The bank celebrated 100 years of its operation in 2020. Today, the bank hosts 704 branches and 534 ATMs around 16 states and 4 Union Territories. Among a diverse range of financial products, CSB Bank allows its existing and new customers …
Fixed deposit schemes are a preferred investment avenue among risk-averse individuals looking for assured returns. With India’s emergence as a leading economy, several NRIs are increasingly investing in FD offered by Indian banks and financial institutions. Union Bank of India is one such reputed financial institution that offers high-yielding interest rates to Non-resident Indians. If …
A fixed deposit account has always been a preferred investment option for people in India because it’s a safe and secure investment. The most important benefit of this investment option is that it offers assured returns and is a low-risk investment option. If you’re a non-resident Indian (NRI), you can consider opening an NRI FD …
Merged with Syndicate Bank on April 1, 2020, Canara Bank became the fourth largest public sector bank in India. It is also amongst the largest state-owned commercial banks in the country. Canara Bank offers various financial products, including NRI fixed deposits which are highly popular among foreign investors. Learn the latest Canara Bank NRI fixed …
Kotak Mahindra is India’s leading banking and financial services group that brings forth a wide range of services for its customers. Among its diverse portfolio of financial products, Kotak Mahindra Bank is one of the popular providers of NRI fixed deposit schemes for foreign investors. Kotak NRE FD rates and interest rates for NRO, FCNR …
ICICI Bank is one of the leading banks in India that offers the best financial products and services to both Resident and Non-Resident Indians (NRIs). NRI fixed deposit schemes, one of the financial products provided by the ICICI Bank, are tailored to meet the unique financial needs of foreign investors. In this blog, we will …
Central Bank of India, established in 1911 was the first ever Indian commercial bank which was entirely owned and managed by Indian nationals. It is among the leading public sector undertakings in the country. It has a massive network of 4493 plus branches, 3644 ATMs and 10 satellite offices across the country. It offers a …
Most Indians prefer security and safety against taking high risks when it comes to their investments. Needless to say, fixed deposits offering guaranteed returns are a preferred investment option for them. If you wish to invest in FD schemes, you should go through the Bharat Bank fixed deposit rates. You can easily open an FD …
Bharat Bank Fixed Deposit Rates – Top FD Schemes & Best FD Rates in 2024 Read More »
The National Savings Term Deposit Scheme or Post Office FD was made available for general and senior citizens by the Indian Government in 2019. Popularly known as Post Office FD, the Post Office of India regulates and monitors this scheme. The intent of introducing a Post Office FD scheme for senior citizens is to ensure …
Fixed deposits are one of the most secure investment avenues in today’s financial market. For senior citizens, Canara Bank offers interest rates up to 7.75% p.a. for callable deposits and up to 7.90% p.a. for non-callable deposits. Learn more about Canara Bank senior citizen FD rates, its benefits, features, and other crucial information in this …
Most people desire a regular and steady stream of income after retirement as it makes it easier for them to lead their lives. SBI Annuity Deposit Scheme is a special scheme offered by the bank to individuals, especially senior citizens who are looking for a stable source of income. Unlike other fixed-income products which make …
PNB Housing Finance Limited (PNB Housing) is a registered housing finance company backed by Punjab National Bank (PNB) and regulated by the National Housing Bank (NHB). The company is known for offering fixed interest rates on deposits ranging between 7.00% to 7.85% p.a. for the general citizens and 7.30% to 8.15% p.a. for seniors with …
Headquartered in Pune, Bank of Maharashtra is a leading public sector bank. The bank started its journey in 1936. With many awards in its possession such as ‘Best Banker-Customer Friendliness’ and ‘Best Public Sector Bank’, it offers a wide range of services starting from deposits and loans to various digital products. Moreover, the bank has …
Bank of Maharashtra Fixed Deposit Rates – Dec 2023 Read More »
Nowadays, there is a wide range of options when it comes to wealth creation. One method to exponentially grow your money is by using the power of compounding. In this method, the longer you hold your deposit amount, the better the returns will be. Investing in fixed deposit schemes is the best way to utilise …
LIC Housing Finance Ltd is a Mumbai-based housing finance company established in 1989 with a vision to provide housing finance at an affordable rate. It is one of the leading housing finance companies in the country with an aim to provide long-term finance, making construction and purchase of houses or flats affordable for Indians. It …
Shriram Transport Finance Company Ltd. is one of India’s biggest retail Non-Banking Financial Corporations (NBFC). The financial institution offers financing for commercial vehicles, cars and two-wheelers and home loans, gold loans, personal loans and small business loans. The bank focuses its values towards serving people first and achieving operational efficiency. Shriram Transport Finance also provides …
Shriram Transport FD Interest Rates – Types & Schemes in 2024 Read More »
ICICI Bank, one of India’s largest private banks, offers attractive interest rates on their fixed deposit (FD) schemes. While FDs remain a preferred investment option among many Indians to date, there may be occasions when investors wish to withdraw their FD investment for certain financial emergencies. If you have an FD account in ICICI Bank and …
Fixed Deposits are one of the most popular and safest means of investment among risk-averse individuals. During a financial crisis, it becomes a compulsion to close a fixed deposit by making a premature withdrawal. In this regard, liquidating a fixed deposit with Axis Bank is simple and convenient. You can close an Axis Bank FD …
Different investment alternatives are available that differ in their structure and eventual functioning. Some come with a fixed income guarantee; in some cases, the return is not fixed and depends on several underlying factors. Fixed income securities are investment instruments that come with a definite income in the form of periodic interest payments. Moreover, investors also …
Fixed Income Securities – Product & its Types in 2024 Read More »
When you think about investing your money, the safest and most secure option is to invest money in a fixed deposit. Most banks and NBFCs offer you the option to choose the interest payout option, which ranges from monthly, half-yearly, quarterly and yearly payments. You can choose the payout tenure as per your financial goals. …
Fixed deposits are offered by several Non-Banking Financial Companies (NBFCs) with competitive interest rates, helping customers to get high returns on their money after a fixed tenure. Let’s find out the best NBFC FD rates that are currently being offered to the depositors. It will help you to make informed financial decisions. What is NBFC …
What is NBFC Fixed Deposit Rates and Best NBFC FD in 2024? Read More »
Do you want to save your money but are unsure which investment tool to use? Well, the option to invest in fixed deposits is always available to investors looking for a safe option. One of the most popular FD investment tenures among depositors is 5 years, which usually comes with a tax-saving feature. It helps …
Best FD Interest Rates For 5 year – Scheme in 2024 Read More »
Headquartered in Bangalore, Jana Small Finance Bank commenced operation on March 28, 2018. Today, it has a pan-India presence; Jana Small Finance Bank hosts the second most geographically diversified portfolio. According to records, as of February 2021, there are a total of 611 branches of Jana Small Finance Bank. This also includes 166 branches in …
Financial emergencies can occur at any moment. In such a situation, you need to have easy access to funds. However, getting a loan from banks can be difficult in such times if you have no or low credit score. Hence, one tool that can be effective during your emergencies is taking a loan against FD. …
What is a Loan Against FD? – Features & Benefits Read More »
Offered by banks, fixed deposit is an investment scheme that comes in various types, each tailored to meet different financial requirements and preferences of investors. A tax-saving FD is one such type that allows an individual or entity to earn guaranteed returns while saving taxes. Let’s discuss what a tax-saving fixed deposit is and all …
What is Tax Saving Fixed Deposit – Working of Tax Saving FD 2024 Read More »
There are several investment options available in India for investors/depositors to save and grow their hard-earned money. Fixed Deposits (FD) and Recurring Deposits (RD) are two popular options among individuals looking to earn a fixed return on their savings. While both have their merits, understanding a comparison of FD vs RD can help you decide …
Fixed Deposit vs Recurring Deposit – Which one is Better? Read More »
ICICI Bank offers different fixed deposit schemes with competitive interest rates for all types of investors. The ICICI Tax Saving FD is an ideal option for investors looking for a long-term investment plan while saving taxes. By booking a Tax Saving FD, you can claim tax deductions under Section 80C of the Income Tax Act …
ICICI Tax Saving Fixed Deposit – Open Online 2024 Read More »
