Gaurav Khanna
A fixed deposit is an investment of your savings to earn a higher rate of return than a regular savings account. It is offered by banks and NBFCs (Non Banking Financial Companies). A fixed deposit has the lowest risk in the portfolio of investment. Money is invested in a fixed deposit with a lock in … Read more
Central Know Your Customer has been in use since February 1, 2017. Investors who are interested in mutual funds need to complete the KYC procedure online. The Central KYC Registry is an online database of Know Your Customer (KYC). Having interoperability of central KYC records & same KYC norms across the sector reduces the need … Read more
As a wise investor, you might be eyeing post office schemes as it allows you to get a tax exemption of up to Rs. 1,50,000. Post office schemes such as NSC, PPF, SCSS, etc., are the small saving schemes that ensure that your investments grow at a decent rate without any risks. The post office … Read more
Fixed Deposit (FD) is a popular fixed-income instrument that gives guaranteed returns at a prescribed rate for a chosen investment duration. The FD interest rates are determined by economic conditions and the RBI’s policies. While the repo, reverse-repo, and bank rates continue to remain low, the apex bank has recently announced that it will soon … Read more