Highest Recurring Deposit Interest Rates (RD) – July 2020
We compare the Recurring Deposit Interest Rates 💰 across 40+ major banks in India to bring out the top RDs from banks. The highest RD interest rates is offered by DCB Bank at 7.35%.
Recurring Deposit
Post Office RD Calculator – Invest Rs 1,000 per month to get Rs 69,697 on Maturity
Excel based Post Office RD calculator where you input investment amount and interest and it gives you the Maturity amount and interest earned every year.
Get up to 9% in Small Bank FDs (9.5% for Senior Citizens) – February 2020
RBI on September 2015 had granted licence to 10 Small Finance Banks. Lately these banks have been in news for offering higher interest rates on their fixed deposits as compared to regular banks. In this post we would tell you whats on offer by small banks and if you should invest and bank with them! …
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13 points about Bank Deposit Insurance and How to increase it legally
You might have received Whatsapp forward or read somewhere on social media about a new proposed Financial Resolution and Deposit Insurance Bill (FRDI) which has a “Bail-in” clause where in case of bank failure, depositors money like fixed deposits, savings bank account, etc can be used to absorb bank losses. This is just a proposed bill …
13 points about Bank Deposit Insurance and How to increase it legally Read More »
23 most common Investments and how they are Taxed in 2020?
Taxation plays a very important role in the returns generated by your investment and so you should know how the investment is taxed before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments: 1. Saving Bank Account: Interest earned in Saving bank account up to Rs …
23 most common Investments and how they are Taxed in 2020? Read More »