Difference Between FD and PPF
Posted on Thursday, October 24th, 2024 |

When it comes to secure and reliable investment options in India, Fixed Deposits (FDs) and the Public Provident Fund (PPF) are often at the top of the list. Both these instruments offer safety, assured returns, and tax benefits. However, there are significant differences between both, and each instrument caters to distinct investor types and financial…
Read moreBenefits of Long-Term Investing
Posted on Thursday, October 24th, 2024 |

Investment is one area which requires not just skill and knowledge but also patience and understanding. Whether you are a seasoned investor or a beginner, knowing how to invest for the long term with patience can be the key to substantial returns. From wealth accumulation to financial stability, the benefits of long-term investment are many….
Read moreMonthly Interest on a ₹ 6 Lakh Fixed Deposit?
Posted on Thursday, October 24th, 2024 |

If you are looking for a safe and reliable investment avenue, then fixed deposits can be the ideal option for you. They come with low risks and guaranteed returns, making them a safe haven for your savings. But did you know that you can earn monthly interest on a fixed deposit which can act as…
Read moreEnsure Your Child’s Education with a Fixed Deposit
Posted on Thursday, October 24th, 2024 |

Planning for your child’s future is a journey filled with love, hope, and hard work. In addition to these, you also need a touch of solid financial planning. Ensuring a secure future for your child often starts with taking care of their education costs. One effective way to safeguard your child’s educational future is through…
Read moreWhat is a Tax-Saving Fixed Deposit for Section 80C Deductions?
Posted on Thursday, October 24th, 2024 |

Tax-saving fixed deposits (FDs) are an ideal investment option if you are looking to save on taxes while earning assured returns. These FDs offer a dual benefit: they provide tax deductions under Section 80C of the Income Tax Act, 1961, and ensure a fixed interest income. So, if you are wondering, ‘Does an FD come…
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