CUTTACK: In a significant judgment, the Orissa High Court has allowed a petitioner to prematurely encash her fixed deposits to meet urgent expenses related to a family marriage, rejecting the strict ...
A credit card against a Fixed Deposit (FD) offers a solution for applicants with poor or no credit history. The FD acts as security, ensuring high approval rates and helping users build a good credit ...
However, it's worth noting that, according to banking regulations, each depositor receives insurance (DICGC coverage) up to Rs 5 lakh, which includes both principal and interest. This means that if a ...
If you invest Rs 1 lakh in a Post Office FD for 2 years in your wife's name, the returns might surprise you. Check the maturity amount and interest details inside ...
Post Office small savings rates like PPF, NSC and SSA may change in the upcoming review, impacting many savers.
From routine compliance requirements like Jan Dhan account re-KYC, crucial registration renewals for charitable trusts to switch to Unified Pension Scheme (UPS) september 30 demands close attention.
Amanah Saham Nasional Bhd (ASNB), the wholly-owned unit trust arm of Permodalan Nasional Bhd (PNB), has declared an income distribution of 4.75 sen per unit for its fixed price fund, Amanah Saham ...
With the Finance Ministry set to review small savings rates at the end of September, many investors are wondering if schemes like PPF and NSC will see a cut. The RBI’s recent repo rate reductions have ...
A soon-to-be wife invested her savings in five fixed deposit (FD) schemes offered by the Post Office, each with a tenure of five years. Post Office FDs are known as the National Savings Time Deposit ...
Fixed deposits (FDs) continue to remain one of the most preferred investment options in India, especially for those seeking safety and guaranteed returns. To attract depositors, leading public sector ...
According to the financial expert, the real risk isn’t about “losing money” but losing purchasing power. “FDs never show red, so you feel secure. But behind the scenes, inflation eats your returns,” ...
Uncertainty around possible Fed rate cuts this fall doesn’t have to stall your savings goals. A simple two-part approach can help you stay flexible while still locking in strong returns.