India is one of the few countries that offer higher returns on financial instruments globally. A Fixed Deposit is one such instrument. Hence, international investors prefer growing their wealth in India. With the increasing number of Indians shifting abroad, such investments are soaring. This is a specialised account available for Non-Resident Indians known as NRI Fixed Deposit.

You…

Foreign exchange or Forex has always been an exciting topic in India. But what you should know is how to exchange foreign currencies in India. Foreign currency exchange in India consists of two categories: buying and selling foreign currency. You buy foreign currency while going abroad and sell it on your return to India.

You can avail of online money exchange services for converting USD to…

Everyone aspires to improve their quality of life. This involves getting a home, car, luxuries items, etc. But they get constrained by their financial status. If you face a similar struggle, there are several credit options for help. They lend you the required funds to realise your desires. The most famous avenue is a Personal Loan as it comes with flexible terms, no collateral requirement, and unspecified use. This…

The hassle of arranging for change to pay shopkeepers has become outdated. Your smartphone is your companion and wallet. It allows you to roam cashlessly and fulfils all your financial needs. Whether you pay for food or utility bills, online payment is the trend everyone follows.

The Unified Payment Interface is a mobile payment method allowing you to transfer funds between Bank Accounts without additional charges. Ever since the…

Primarily banks offer different investment instruments to help you save and earn interest. When you open a Deposit Account in a bank, you become a depositor or account holder. You deposit a certain amount every month or quarter to earn interest. There are different tenures and limits for investment like monthly, quarterly, half-yearly, and yearly.

A Fixed Deposit Account holds money for a fixed period. In return, the bank pays interest on it. You cannot withdraw money in the…