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Press ReleaseYearly Archives: 2024
When we talk about planning our finances, we usually focus on making more money, keeping risks low, and securing what we own for the future. But sometimes, we forget about something important – what happens when the person who owns the account passes away. Dealing with the passing of a loved one is difficult, and…
Securing a child’s future is the parents’ responsibility. It involves thoughtful planning, strategic investments, and a commitment to providing a solid financial foundation for their lives. Opening a fixed deposit account for minors allows you to systematically save money for significant milestones like education, career or marriage. Fixed deposit for children helps in shaping their…
A peaceful retirement plan for senior citizens is vital for ensuring a fulfilling and stress-free post-career life. Such retirement depends on a sound financial plan, with several critical considerations for senior citizens. To start, establishing a budget that aligns with post-retirement needs is essential. This involves calculating daily living expenses and ensuring a comfortable standard…
A fixed deposit (FD) is a financial tool wherein an individual invests a lump sum amount with a bank or financial institution for a predetermined duration. The rate of interest remains constant throughout the tenure. At the end of the tenure, the total amount the depositor receives is the sum of the principal and the…
In today’s complex investment landscape, security is paramount. Many seek a safe yet growth-oriented option for their savings. Fixed Deposits (FDs) provide a solution to this dilemma, offering stable returns without market volatility. This blog explores different types of FDs and why FDs are a smart choice for those prioritising security and growth. 8 Types…
