While fixed deposits are a secure option to earn interest, you must pledge a significant amount for sizeable returns. This may restrict access to your savings, which may become a problem in case of emergencies. To solve this issue, banks introduced a sweep-in fixed deposit facility. With this option, you can earn interest while maintaining …
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The Bank of Maharashtra offers diverse tenure options on FDs with competitive interest rates. While the Bank of Maharashtra FD rates are quite lucrative, they have a range of special tenures that come with higher rates as well. Just like any other bank FD, you can also get higher interest as a senior citizen. Read …
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Union Bank is one of the leading government banks in India and offers a variety of services for customers, including the ability to book fixed deposits. Union Bank FD rates are assorted based on your investment tenure. Usually, you can get higher interest on a longer investment. Knowing the rate of interest in Union Bank …
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As our lives get busier than ever, it becomes difficult to think about the planet and take steps to promote sustainability. This is where green deposits can provide you with a solution that is also doubly beneficial – the ability to earn high returns while ensuring your funds are invested in causes that further the …
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Investments are a smart solution for long-term wealth generation. Choosing a secure and easy-to-avail option can help you create a more balanced portfolio. Two options you can consider are the National Savings Certificate and fixed deposits. When you compare NSC and FDs, you may find that they both have several advantages and limitations. This is …
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When it comes to risk-free investment, there are not a lot of options available that give outstanding returns. This is why it’s understandable why you may want help when comparing the features of FD vs PPF. These two lucrative options are not only secure but also suitable for long-term investment. Read on to get acquainted …
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Throughout the years, numerous new opportunities for investment have emerged that offer high returns. Nonetheless, there are limited alternatives that offer the same level of security as fixed deposits offered by banks and the Post Office. By comparing Post Office vs bank FD interest rates, you can opt for the best option as per your …
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Given the popularity of fixed deposits, many financial organisations have introduced their own corporate FDs. These include: Their concept remains the same: you deposit your money for a certain term and get steady interest on your investment. While the plus point is that company FD rates may be higher than banks, the only fact to …
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A fixed deposit comes with a lot of benefits, acting as a lucrative tool to invest your savings securely while generating interest. In addition, it can also help you in arranging funds for financial emergencies or to build your credit score via a loan against FD or a secured credit card. Financial institutions also offer …
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Using the fixed deposit monthly interest payout ensures financial stability and constant cash flow. Non-cumulative FDs allow you to reap these benefits. With periodic access to gains, you can get a second source of income while employed or during retirement. Read on to know what a monthly interest payout fixed deposit is, the rates of …
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