Offers
Rates
V-KYC
Debit Card Related
Credit Card Related
SA Welcome Kit 
Manage Mandate(s)
Get Mini Statement
categories
Bloggers
Blog collection
Press Release
Difference Between Liquid Funds and Fixed Deposits
Posted on Wednesday, July 31st, 2024 |
In India, FDs and liquid funds are the top investment choices. FDs offer guaranteed returns, a safe bet for cautious investors. Liquid funds attract those seeking short-term investments with higher returns. This guide explains FDs and liquid funds, benefits, and key differences. If you find it difficult to decide between safety and returns, this guide…
Read moreUnderstanding Important Fixed Deposit (FD) Rules & Regulations
Posted on Wednesday, July 31st, 2024 |
If you are looking for secure investment options, Fixed Deposits (FDs) are often a top choice for many. Steady and guaranteed returns and high interest rates make it a preferred choice. While the promise of guaranteed returns makes FDs an attractive option, navigating the fixed deposit rules and regulations can be daunting. Investors need help…
Read moreNew Tax Regime: How Taxpayers Can Save up to ₹17,500 a Year in Income Tax
Posted on Wednesday, July 31st, 2024 |
Budget 2024, announced by Finance Minister Nirmala Sitharaman on 23 July 2024, brings several changes aimed at boosting the economy and providing relief to taxpayers. Among the various announcements, the most crucial attraction is the revamped New Tax Regime (NTR). Designed to simplify taxation, the NTR introduces higher standard deductions and revised tax slabs, which…
Read moreBudget 2024: Learn Changes in Capital Gains Tax and its Implications
Posted on Wednesday, July 31st, 2024 |
Budget 2024, presented by Finance Minister Nirmala Sitharaman, introduces significant revisions to the capital gains tax structure. Capital gains, which refer to any profit or gain arising from the sale of a ‘capital asset,’ play a crucial role in an investor’s financial planning. The tax adjustments proposed in Budget 2024 could have far-reaching implications for…
Read moreIncome Tax Slab Rates FY 2024-25
Posted on Wednesday, July 31st, 2024 |
The Indian government has announced the new income tax slabs for the financial year 2024-25 in the recent budget. This update has introduced several changes aimed at simplifying the tax structure and providing relief to taxpayers. Let’s delve into the details of the new tax regime and its implications. What is an Income Tax Slab?…
Read moreBudget 2024 Increases Capital Gains Tax: Here’s What You Need to Know
Posted on Monday, July 29th, 2024 |
Long-Term Capital Gains (LTCG) and Short-Term Capital Gains (STCG) are terms used to describe the profits earned from the sale of assets, such as equities, properties, or other investments. The classification into LTCG vs STCG depends on the holding period of the assets. For equities, if you hold an asset for over a year, the…
Read more6 Ways to Save Income Tax Under the New & Old Tax Regimes for FY 2024-25
Posted on Monday, July 29th, 2024 |
Budget 2024 has introduced three major changes that make the new, simplified income-tax regime more appealing. Do you know what they are? Finance Minister Nirmala Sitharaman has revised the income tax slabs, increased the family pension deduction to ₹25,000 from ₹15,000, and increased the standard deduction to ₹75,000 from ₹50,000 in the new tax regime….
Read moreUnderstanding Lien on Fixed Deposits: Benefits, Risks & How to Avoid It
Posted on Friday, July 19th, 2024 |
If you are looking for secure investment options, Fixed Deposits (FDs) are often a top choice for many. Steady and guaranteed returns and high interest rates make it a preferred choice. While the promise of guaranteed returns makes FDs an attractive option, navigating the fixed deposit rules and regulations can be daunting. Investors need help…
Read moreWhat is Lien on Fixed Deposit? Understanding its Benefits and Risks
Posted on Friday, July 19th, 2024 |
Fixed deposits are time-tested investment tools that work well as emergency funds. You can park your excess cash or savings into a protected fund and earn stable returns over time. This tool suits investors with low-risk appetites since their funds are preserved without losing value due to inflation. You must understand the meaning of the…
Read moreWhat is Auto Renewal in Fixed Deposit?
Posted on Friday, July 19th, 2024 |
Fixed deposits are a preferred investment instrument for Indian bank account holders. They can act as emergency funds for unplanned moments of unemployment, vacations, or high medical expenses. Typically, the money you invest is returned to you with a predetermined interest percentage after some time. Investors may compromise on the interest rate bonus in an…
Read moreSave Tax with Tax-Saver FD: Complete Guide
Posted on Tuesday, May 28th, 2024 |
Fixed Deposits (FDs) have long been considered a reliable investment avenue for individuals seeking stability and assured returns on their savings. Not only do FDs offer a secure way to grow your money, but they also come with the added advantage of tax-saving benefits under Section 80C of the Indian Income Tax Act. What makes…
Read moreUnderstanding Cumulative and Non-Cumulative Fixed Deposits (FDs)
Posted on Tuesday, May 28th, 2024 |
Fixed Deposits (FDs) are one of the most popular choices for consumers looking to earn assured high returns on their savings. FDs give you assured returns with almost no risk. But one important decision to make when investing in FDs is choosing between cumulative and non-cumulative options. So, what exactly are Cumulative and Non-Cumulative FDs?…
Read moreWhat is a Top-Up Fixed Deposit (FD) & What are its Benefits?
Posted on Monday, May 27th, 2024 |
Fixed Deposits (FDs) are investments where people can put a large part of their extra savings and see their wealth grow steadily. It is a popular investment option, but many are unaware that this unique investment option offers yet another feature called the top-up fixed deposit. If you are looking for ways to further enhance…
Read moreMaximising Your Savings: The Ultimate Guide to Sweep-In Fixed Deposit Mechanisms
Posted on Monday, May 27th, 2024 |
Banks and financial institutions keep innovating their products as per the changing needs of their customers. The concept of sweep-in fixed deposit feature is also a result of innovation, considering the growing need for a savings product that can offer higher returns with easy access to money. This article aims to provide a comprehensive overview…
Read moreUnderstanding Term Deposits: A Secure Investment for Your Financial Goals
Posted on Friday, May 24th, 2024 |
Finding secure and profitable investment avenues can be challenging in a dynamic finance world. Term deposits, also known as fixed or recurring deposits, are a popular choice among risk-averse investors seeking guaranteed returns on their investments. The principal amount of a term deposit is committed for a defined maturity period. Access to the funds is…
Read moreSwitch 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…
Read more