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Recent Changes in Tax Rules Affecting Fixed Deposits
Posted on Friday, April 12th, 2024 |
Fixed deposits are popular for stable returns and their tax-saving benefits. As per the interim budget 2024, there has been no change in the tax deduction limit under sec. 80C of the ITA, and investors can continue to enjoy tax benefits of up to INR 1.5 lakhs on their tax saver FDs. Moreover, the recent…
Read moreHow Interest Rates for Senior Citizen Fixed Deposits Compare to Regular Fixed Deposits
Posted on Wednesday, April 10th, 2024 |
Senior citizen fixed deposits interest rates are usually higher than regular fixed deposits to enable elderly investors to meet their unique financial needs and maintain their standard of living post retirement. When managing your finances, fixed deposits emerge as a reliable investment option that offers stability and assured returns. Two main fixed deposit categories cater…
Read more5 Benefits of Loan Against Fixed Deposit that You Should Know
Posted on Monday, April 8th, 2024 |
A loan against a fixed deposit allows borrowers to leverage the value of their FD and secure a loan against it without liquidating it prematurely. It offers an assortment of benefits like lower interest rates, higher loan amount, zero processing charges, flexible repayment terms, and continued interest-earning on the FD. Fixed deposits are a popular…
Read moreFD Investment: A Safe Investment Plan with High Returns
Posted on Friday, March 15th, 2024 |
Fixed deposits (FDs) have maintained their credibility as a secure financial instrument, standing resilient against the evolving landscape of investment opportunities. Balancing safety with attractive returns, FDs continue to be a preferred choice for investors seeking stability in their portfolios. In this blog, we will explore the various facets that make FD investments a rewarding…
Read moreFixed Deposit: Know Why an FD Is a Relevant Option for Your Portfolio
Posted on Friday, February 9th, 2024 |
Fixed deposits are a safe and secure investment option for investors across risk profiles. Safe from market fluctuations, FDs offer flexibility, diversification, and tax savings. Build a robust portfolio with IndusInd Bank’s flexible and secure fixed deposits. Building a robust investment portfolio is a matter of balancing gains with stability. Market-linked instruments such as stocks…
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