What is an Investment Plan? Investment plans are financial products designed to help individuals create wealth and achieve their financial goals by investing in various funds, schemes, and products. They encourage disciplined investing and long-term wealth accumulation. In India, there...

Being self-employed has its own pros and cons. Pros are the flexibility of work and the rules around your schedule. On the other hand, being self-employed, you may not have a regular stream of income (compared to employed individuals). No...

What is a balance sheet? A balance sheet is a statement of assets, liabilities and capital of an organisation as on a particular date. In short, it shows what a company owns and owes. Additionally, it shows the amount invested...

No one can beat women when it comes to saving. For generations, moms and grandmoms have been experts at saving every penny possible. Be it in the kitchen containers or an FD. These small savings have helped the family during...

Saving is always easier with a goal in mind. Having a goal will help in determining the target amount you are after. A goal can be buying a house or car, going on a vacation or saving for higher studies....

10 Different Types of Bank Accounts in India Indian banks offer multiple types of accounts for different purposes. Whether one is working, or a student, an entrepreneur, a partnership firm, or an NRI, each one has several options to choose...

An auto sweep-in FD will allow investors to invest excess funds lying idle in a bank account in a fixed deposit account to earn higher returns. Not only can they earn a higher FD rate of interest, but they can...

Regional Rural Banks (RRB) in India offer Gramin FDs to citizens of India. These banks are established by the Government of India to develop the rural economy by catering to their basic banking needs. There are 56 RRBs that offer...