Safety of Savings in Times of Market Volatilities
Overview: Savings act as a safety net during uncertain financial times. In a volatile market, stable instruments like fixed deposits provide assured returns and preserve …
Overview: Savings act as a safety net during uncertain financial times. In a volatile market, stable instruments like fixed deposits provide assured returns and preserve …
Overview: Compound interest FDs transform your fixed deposits into wealth-building tools by earning interest on interest. Understanding how interest on fixed deposits is compounded helps …
Overview: Learn what interest payout in an FD is and how different payout options—monthly, quarterly, or at maturity—impact your returns. Discover which option aligns with …
Overview: A cumulative fixed deposit is an investment where interest earned is reinvested with the principal amount, generating compound returns payable at maturity. Unlike regular …