Download SCSS Calculator 2019
We have come-up with a simple excel based SCSS calculator where you can input investment amount and interest and it gives you the quarterly interest payout and the maturity amount. Continue reading → We have come-up with a simple excel based SCSS calculator where you can input investment amount and interest and it gives you the quarterly interest payout and the maturity amount. Continue reading →Misleading Advertisement by Banks on FD: interest rate VS yield?
Interest rates quoted by banks are compound interest while annual yield is equivalent to simple interest. Understand the concept of interest rate and yield on fixed deposit to escape misselling by banks Continue reading →How to Pay 0 Income Tax on Rs 20+ Lakh Salary? (FY 2019-20)
Salaried class have always complained of raw deal year after year in income tax laws. But the good news is you can still manage to pay Zero (NIL) income tax on salary of up to Rs 20 lakhs (Salary here means cost to company). All you need to have is right salary structure and invest […] Continue reading →PF Passbook: Login and How to Download?
EPF Passbook is available online and on EPFO Umang App and can be eaisly downloaded if you have active UAN number and follow some simple steps. Continue reading →Best Interest Rate on Senior Citizens Bank Fixed Deposits – May 2019
The post lists down the rate of interest on Bank fixed deposits for Senior Citizens as of May 1, 2019. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: Most banks offer FDs for tenure of 7 Days […] Continue reading →NRI Banking – What’s on offer from Banks like SBI, ICICI, HDFC
A brief about NRIs banking in India and the product offering like Saving & current account (NRE & NRO), Fixed Deposit Schemes (NRE, NRO, FCNR) and Loans (Home, Personal, Car, etc) by SBI, ICICI, HDFC Bank, etc Continue reading →Highest Interest Rate on Recurring Deposits (RD) – May 2019
Recurring deposits (RD) with banks are one of the most popular investment options for people with regular income. RD enables to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). You might want to bookmark this page as the RD interest rates would be updated every month […] Continue reading →Get up to 9% in Small Bank FDs (9.6% for Senior Citizens) – May’19
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! […] Continue reading →Best FCNR Deposit Rates for US Dollars – May 2019
FCNR (Foreign Currency Non Resident) account is a fixed deposit account offered by banks in India to non resident Indians (NRIs) and is operated in foreign currency. These are quite popular investments for NRIs because of the higher interest rate offered by banks in India as compared to their country of residence. For e.g. As […] Continue reading →