DICGC Insurance: Safeguarding Your FD Investments
Overview: DICGC insurance automatically protects fixed deposits up to ₹5 lakh per depositor per bank. This RBI-backed safety net covers 98% of deposit accounts but …
Category: Fixed-Deposit
How to Calculate the Maturity Value of Your Fixed Deposit
Overview: Understanding how to calculate the maturity of FDs helps you plan your finances better and compare investment options. This comprehensive guide covers formulas, compounding …
Fixed Deposits: Your Child’s Education Fund Safety Net
Overview: Fixed deposits offer guaranteed returns and capital protection for building an education fund. With rising education costs in India, FDs provide predictable growth, loan …
FD Reinvestment: Benefits and Limitations
Overview: Fixed deposit reinvestment plans allow your interest to compound quarterly instead of receiving regular payouts. While FD reinvestment offers guaranteed growth through compounding, it …
