Will FD Interest Rates Increase in India 2023?
Posted on Saturday, June 3rd, 2023 |
From April 2022 to March 2023, there has been a tremendous increase in interest rates, which is good news for all individuals looking to invest in FDs this year. Moreover, with the financial landscape getting more competitive, banks might increase the minimum interest rates as well, which means there is no better time to invest…
Read moreIs it bad to have a lot of money in a savings account?
Posted on Thursday, March 23rd, 2023 |
Savings accounts are a popular choice for many individuals who want to keep their money safe while earning some interest. However, is it bad to have a lot of money in a savings account? To answer this, let’s take a closer look at what happens to your money in a savings account. Firstly, it’s important…
Read moreHow to Choose the Best FD Scheme with High Returns
Posted on Sunday, February 13th, 2022 |
If you’re here, you already know the benefits of investing in a fixed deposit – stable, guaranteed returns, minimal risk, and unparalleled safety. Plus, almost all banks now offer FD schemes, providing you with a range of schemes to choose from according to your financial goals. However, such rich variety may also present itself as…
Read moreThe Smart Way to Save: Fixed Deposits
Posted on Saturday, July 11th, 2020 |
Whether you are a salaried professional or self-employed, saving money is crucial for building a financial safety net. While there are several financial instruments available for the purpose – mutual funds, equity, etc. – they typically present high-risk options. Fixed deposits are one of the safest investment avenues with fixed yet guaranteed returns. Here are…
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