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Benefits of Tax Saving FDs Under Section 80C of the Income Tax Act
Posted on Tuesday, December 26th, 2023 |
Tax-saving fixed deposits are an excellent investment instrument, combining competitive interest rates with tax benefits under Section 80C of the Income Tax Act. Key benefits include tax exemption on the principal amount up to INR 1.5 lakhs, guaranteed returns, high security, and ease of investing. These FDs are ideal for investors seeking assured returns and…
Read moreSmart Ways to Pick the Right Fixed Deposit
Posted on Thursday, December 21st, 2023 |
When choosing a fixed deposit, look into the bank’s credibility, the fixed deposit interest rate, tenure, ease of application, and interest pay-out options. The IndusInd Bank fixed deposit fulfils every criterion, making it a worthy option for investors. Choosing an investment option is scarcely as simple as it sounds. Your research must be thorough and…
Read more4 Strategies for Maximising FD Returns that Actually Work
Posted on Monday, October 30th, 2023 |
Choosing a cumulative FD plan, laddering your FDs and avoiding premature withdrawals are some of the effective ways to optimise your FD returns and secure your financial future. Fixed Deposits (FDs) have enjoyed enduring popularity due to their dependability and consistency. They provide you with a safe place to park your money and ensure its…
Read moreWhich Deposit Account Has the Highest Interest Rate?
Posted on Friday, October 27th, 2023 |
In today’s dynamic financial landscape, securing your financial future has become more crucial than ever before. Fixed deposits help you achieve this by offering high interest rates and stable returns. IndusInd Bank’s FD schemes offer best-in-class FD interest rates, tax benefits, and flexible interest payment options. Book an FD online with IndusInd Bank in a…
Read moreWhat Are Fixed Deposit Receipts? What Are Its Major Components?
Posted on Thursday, October 26th, 2023 |
Fixed deposit receipts serve as proof of your investment. They contain crucial information pertinent to your investment and are essential for tax filing purposes or claiming tax benefits. Fixed deposits(FDs) are a top choice for investors worldwide, particularly for those seeking a safe and reliable means to grow their savings. These financial instruments offer a…
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