What is an Axis Bank Tax Saver FD? Axis Bank Tax Saver FD is a type of fixed deposit that combines the advantages of an FD with tax benefits. You can save income tax by investing in an Axis Bank...

If you live in another country and want to invest your money, NRI Fixed Bank Deposits are one of the most popular options for NRIs, and for good reason: the high interest rates and low risk factors ensure that your...

What is Auto Fixed Deposit in Axis Bank? The Axis Bank Auto Fixed Deposit from Axis Bank connects an existing Savings Account to a Fixed Deposit. When the balance in the Savings Account reaches Rs. 25,000, money in multiples of...

An overdraft is a type of short-term loan. It's most commonly utilised by firms to bridge the gap between short-term cash flow problems and long-term cash flow problems. Salaried people can use it instead of breaking up their FDs if...

What is investment income? Income generated from stocks, mutual funds, bank deposits, money market or any similar form of investment can be considered as investment income. It can be in the form of regular interest payments, dividends or appreciation in...

Investment in mutual funds is a method whereby an investor can invest in the securities market. Investors can get exposure to debt and equity-related securities. One has to understand the structure of funds before investing.  Mutual funds can be categorized...

Investment in mutual funds needs good understanding and knowledge. Nowadays, investors can gain all information related to mutual funds online. Investors can also compare different funds. However, a mutual fund distributor can help an investor put things in perspective for...

What is Money Market Account? A money market account (MMA) is an interest-bearing account and pays fixed interest on the money deposited. It also has cheque-writing and debit card privileges similar to a savings account. However, it pays a higher...