Recurring deposit schemes provided by banks are favourite investment choices for many people. Working people, as well as people with smaller incomes, choose RDs as their investment option. Under this scheme, a person must invest a specified sum of money for a fixed period each month and receive interest on their investment. Upon maturity of the RD, the principal sum is returned along with interest.

RD schemes are usually more flexible than FD schemes, which often benefit those who…

Investors who want diversification prefer structured products. These instruments may be used to achieve goals such as preserving capital or inclusion in the upsides given by equity.

Structured products are a method for generating wealth and securing portfolios. Also known as Nifty-linked debentures, these products are intended to generate returns based on the underlying…

Recurring deposit is the most preferred investment choice in India, among the low-risk investment tools with moderate and assured returns. In the selection of investment number and tenure, it comes with an option of versatility for clients accompanied by several other advantages.

This investment tool provided by multiple banks and NBFCs helps channel monthly savings for long or short-term corpus formation, available in flexible tenure options ranging from six months to 10…

Those who decide to invest in mutual funds have the choice to select from a wide range of funds. Right from fixed income to balanced funds to equity to index funds, the investment opportunities are many. Yet, debt funds are the most popular pick. Do you know there are multiple types of debt funds to choose from? You can invest in income funds, liquid funds, gilt funds, short, ultra-short-term funds, etc. A debt fund…

Every bank has an account of all kinds of customers. They have different features and benefits which help them invest and keep their funds safe. It is not easy to store and safeguard money at home, firstly because there will be no funds for emergencies, and secondly, there is a fear of over-expenditure. It is safer to start saving for unplanned incidents and financial urgencies from the present day. No one has predicted the future, nor have they estimated the level of risk.

It is easy…

As an NRI, you might find several reasons to send money to India. Whether you transfer funds to family or friends for managing their finances back home, there are many resources for the same. International fund transfers involve many rules and regulations. These rules are applicable on the remittances to from India. Owing to the number of Indians moving abroad, there is a need for secure, seamless, and immediate fund transfer to India from any international location.

Now, money…

While fixed deposits are one of the simplest investments, there are a couple of things that one should be aware of before opening an FD account. Read this post to understand the essential things you should know before putting your money in FD.

No matter what type of investments you choose, it is essential to get as much information about them as possible to ensure that your capital stays protected, and you earn maximum returns. While FDs are not as complicated as other investment…

The process of building and managing wealth is a complicated one. Precisely why most HNI investors seek to open a wealth account. As it is apparent from the term, wealth management is a specialise professional service through which you get assistance in managing the wealth. Usually, you get assigned a private wealth manager who helps with the investments in general and offers additional services concerning managing and…

What is your process when you want to send money to India from a foreign country? Remittance can be an expensive affair at times. However, if you follow some easy tips and tricks, you can get the maximum bang for your funds. Some of the facets you should know about before transferring money are understand the terminologies, finding the most affordable service, and timing your transfer for making the sure it gets done perfectly.

If you get hold of the exchange rate concept, then…

Money is an essential tool for survival these days. With inflation taking over the whole world, it is not easy to live without adequate finance and funds. Along with money, a person also needs to have a safe place to store it. Many citizens opt for measures to safeguard their capital and prevent it from getting exhausted. They choose different methods of savings and attempt to spend wisely to save some for the future.

Many banks offer their customers with a premium savings account…

After Chris Moneymaker famously won the World Series of Poker Main Event in 2003, Texas Hold'em was all the rage when the poker boom hit in. But the introduction to Poker came from a very different game for many in the years before.

Five Card Draw was usually one of the games people were going to play around the house or at parties. For someone who does not know to play Poker, the simplicity of the rules started with a simple variation of the game.

It is one of the earliest…

For many investors, savings is one of the most profitable categories of investments for the long-term. They can depend on the rate of interest earned on these accounts and the security of their assets and valuables. They remain carefree and stress-free with a bank account for the storage of their capital and assets. The more investments they make, the better returns they earn in the future.

Investors are quite familiar with savings in the forms of a…