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Press ReleaseYearly Archives: 2024
So, you spent a long day at work, dedicatedly earning every rupee. You finally come home and decide to reward yourself with an online purchase. Excitement fills you up as you enter your credit card details to finalise the purchase. But then, the unexpected happens. Your screen flashes a message: “Transaction Failed.” Confused, you quickly…
A credit score is an important determinant of an individual’s financial health. It’s a rating given to an individual based on how effectively they manage their borrowings and finances. And depending on this score, banks and credit providers approve or reject loan applications. As people are accustomed to the importance of creditworthiness, there is a…
Saving taxes is an important part of effective financial planning. Tax-saver fixed deposits allow investors to earn steady returns while reducing their tax liability. Optimizing available deductions can meaningfully boost overall returns. Read on to learn more about tax-saver fixed deposit interest rates and how they help save taxes. What is a Tax Saver Fixed…
Fixed deposits and recurring deposits are among the popular options for earning steady returns with low risks. Both these options are preferred by conservative investors who wish to park their savings in secure instruments. While fixed deposits provide lump sum returns at maturity, recurring deposits facilitate monthly savings and returns. This article will analyze and…
Banks and financial institutions are governed by regulations of the Reserve Bank of India, and you must acquaint yourself with these rules that shape the usage of your savings account. An important aspect that decides the account usage ceiling is the cash deposit limit. It is the maximum amount that you can deposit in your…
