Bonds are investment products that fall under the fixed income asset class. They are instruments that allow the government or corporations to raise money publicly or privately for funding various projects. They pay an interest rate for the money borrowed....

The middle class income group has a major share of the Indian population. Hence the government schemes and policies mostly revolve around this income group during the budget announcements. There is a plethora of investment plans available for middle class...

Bandhan Bank offers a wide range of savings accounts for different types of investor needs. All the Bandhan Bank Savings Accounts have an interest in the range of 3%-7.15%. Also, Bandhan Bank offers phone banking, net banking, and mobile banking...

What is Annualised Return ‘Return’ is the yield that an investment generates over a period of time. It is the percentage increase or decrease in the value of the investment in that period. Returns on mutual funds are expressed in...

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...

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....

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 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...