One would agree that no matter what the situation is, money is always involved in it. Be it giving it to someone or getting it from someone. Money is an integral part of everything that we do and it does revolve around it. It now become one of the most sensitive areas during the ongoing … Read more
Fixed deposits, a time deposits you can get in any bank. There are two types of fixed deposits, one is TDR and the other is STDR. Literally speaking, both are term deposits but there are certain aspects where one differs from the other. It helps in choosing the right product as per investors’ needs. We … Read more
What do you know about Banks? A bank is a financial institution where main purpose is to accept money deposits and lend them to borrowers. It is an intermediary between the depositors and investors. Initially, the main function of banks is accepting money, lending money and investing in various bonds and securities. As the sector … Read more
The country’s largest bank, State Bank of India, has come up with a new product called the Insta Plus Savings Bank Account. It’s super easy to open an account at SBI. It will take you hardly 5 minutes to open a savings account. So, here is a snippet of the Insta Plus Savings Bank Account. … Read more
Maintaining a term deposit account or you may say a fixed deposit in a bank is a pretty simple task. Nowadays without visiting a bank, you can open directly through your internet banking. All is done digitally both opening as well as closing of your account. At times when your fixed deposit gets matured you … Read more
If you happen to save funds for the future, you are going to choose out of these three schemes, that is Term deposit, Special Term deposit and Recurring deposits. Which one would you choose? Let me break it down for you if you do not know yet. These are all-time deposits available at the bank. … Read more
For those who received this kind of mail, please be careful. Fraudsters are very near to you than you expect. I received this letter somewhere in June 2020. While I was leaving for my office, my security guard hand me the envelope. New Year Dhamaka Frauds In the name of Myntra! My address was written … Read more
Yes, that’s right. It is time for you to think and decide wisely. Time to save more money and spend less. The present pandemic has hit us hard in every aspect of life. In the coming days, we will be facing a number of problems; even earning for our own livelihood will be difficult. State and … Read more
Do you want to save your fund and that also without any risk involved? Or you have an idle fund where you don’t want to invest in the money market or a mutual fund, but still, you are unable to think of a better way. It is simple, you just put your fund in a … Read more