Fixed deposits (FDs) are one of the most popular investment options as they offer guaranteed returns to investors. While there are several benefits, there are some restrictions as well.
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Should you transfer fixed deposits to a HUF account?My total annual income is around 15 lakhs, which is comprised of a pension, LIC annuity, rent on house property, and interest on fixed deposit. I get the advantage of one per cent being ex-staff ...
Callable and non-callable fixed deposits offer different financial benefits, tailored to varying investor needs. A callable deposit allows for early withdrawals, providing flexibility for those ...
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
(Image: Freepik) Fixed deposits (FDs) have been a go-to investment choice in India for quite some time, particularly among senior citizens who prioritize financial stability and a consistent income.
Among the options, Tax-Saving Fixed Deposits (FDs) offer secure returns and tax benefits under Section 80C. However, these deposits have a five-year lock-in period and their interest income is ...
A couple of banks have cut their interest rates on term deposits, albeit marginally. It is even recommended that the depositors who want to lock their savings in fixed deposits can do it now to ...
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