Fixed Deposits (FD) have been a popular investment avenue for a long time due to fixed returns and safety. However, it is important to know what happens to the FD amount if the account holder dies. Let's look at the...

Bonds and fixed deposits are the most popular choices among investors with low-risk tolerance levels. Also, both of these fixed income instruments offer fixed interest income to investors. However, they are different from each other on various parameters. This article...

Among the different financial products available in India, fixed deposit (FD) and life insurance plans are the most popular investment products. Even though a life insurance plan is an insurance product, it is perceived as an investment product for many...

Indians prefer fixed deposits because they offer fixed and assured returns on their investments. Basically, you know what you will receive at the end of your tenure. Therefore, it becomes easy to trust and helps you plan your investments accordingly....

Every person works hard to make a living and provide the best for their families. Also, it is important to have sufficient savings to meet your immediate requirements and meet your financial goals. However, keeping all the money in a...

A depositor can open the fixed deposit account in his/ her name. Alternatively, Fixed Deposit can be opened by more than one individual in their own names as a joint account. The Reserve Bank of India has laid down joint...

Interest is calculated on the investment or loan taken. There are two ways one can calculate interest. The two ways are simple interest (SI) and compound interest (CI). Simple interest is basically the interest on a loan or investment. It...

Most of the investors who want to invest, look for the security of their money. The two most secure investment options available for Indian investors is the Public Provident Fund and Fixed Deposits. Both the investment instruments are suitable for...