Financial Advisor – Definition, Types and Role
Financial advisors are experts in managing the money of an individual. Right from devising an emergency fund plan to constructing complex investment portfolios, they do it all. They also play the role of educators by educating their clients about the...
Account Balance
What is account balance? The account balance is the amount of money available in a financial repository. Such as a savings bank account at any given point of time. It is the net amount available after all debits and credits....
NRO FD Rates
An NRO account or Non-Resident Ordinary account is a savings account or a deposit account denominated in Indian Rupee. It is opened by NRIs to manage their income in India. An NRO FD allows NRIs to invest their Indian income...
NRE FD Rates, Features and Benefits
NRE FDs are a quite popular investment option available to NRIs in India. They come with an array of features and benefits. This article has covered NRE FD schemes, its features, benefits, and interest rates in detail. What is an...
HSBC Bank Fixed Deposit
HSBC Bank offers higher fixed deposit interest rates than their savings bank account. The interest rates range between 2.85% to 7.25% for regular citizens for a tenure of seven days to five years. Senior citizens get an additional 0.5% on...
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How to calculate Returns on FDs?
Fixed Deposits or FDs are one of the most popular savings instruments in India. Investment in FD can be done for a few weeks to few years at a fixed interest rate. In this article, we will look at the...
Fixed Deposit Double Scheme
Investors dream of growing their wealth at minimum risk. They look for ways to double their money and try multiple ways to achieve it. But, it is impossible to double a person’s investment in a very short span with minimal...