Company fixed deposits (FDs) offer assured returns, which are generally 1% to 3% higher than the interest rates on term deposits in a bank or post .office. However, here are some of the most important things to keep in mind before you rush to invest in a company fixed deposit. If you fall in the […]
In line with a broader decline in interest rates, banks have been consistently lowering interest rates on fixed deposits (FDs) and savings account deposits. Why FD rates are declining For the last 5 years, the government is consciously targeting a low rate of inflation. But what does inflation have to do with rates of interest on […]
Last week, we looked at how to measure returns. In that, we mentioned the fact that interest rates on fixed deposits are falling. This trend will continue. In such a scenario, as an investor not looking to take risks, what are your options? In India, most households prefer to invest their money in fixed deposits. […]
Many of you must be familiar with the name ‘National pension Scheme (NPS) ‘. Last year after budget 2015 it has got much attention through media and corporates alike for the additional tax benefit announced. We received many queries from our existing clients if it is worth to invest in NPS or not. Many corporates […]
Today Government of India (GOI) announced opening of second tranche of Sovereign Gold Bond issue.The issue is open for subscription till January 22.We got a query for should one look at investing in this scheme? Here is our quick take on the scheme. This is one of the Schemes which GOI wants to promote to […]
We have been getting queries for newly proposed Sukanya Samriddhi account for the girl child. And so we thought we would give our take this special savings account for girls in the week of International Women’s Day. So, here’s to the ladies! For starters, investments in Sukanya Samridhhi account fall under the EEE category. There […]
The time is ripe and right for considering an allocation in Debt Funds now. In fact, the time do it is now. The much-awaited and anticipated rate cut by the RBI has come in effect last week, in the form of a 0 .25% cut in the repo rate, the reasons for which we […]
‘Credit Score’ is a term that is much-talked about in knowledgeable circles. But, put simply, what is it? Stay tuned. For what you learn here about your credit score might help you get a better rate when you apply for your loan. Let’s begin with a case in point: Rahul Patkar wanted to know his […]
Fact of the matter is, for a number of historic reason, we love to hoard. We hoard less than we used to, but there’s no denying the fact that we still do. But is hoarding a smart and safe way to plan your finances and future? We think not. Don’t hoard. That should be the […]
Health is wealth, they say. Well, much like you have to do what it takes to stay in the pink of health physically, there are 10 simple things you can do to stay fit financially as well. Ready? Let’s go. Emergency Fund:- Life is uncertain. Jobs are not secure. That’s why you should have 3 […]