A Tax-Saving FD functions like a regular Fixed Deposit but has a mandatory lock-in period of 5 years. The amount invested cannot be withdrawn before maturity, thus ensuring disciplined savings and ...

Let’s say your total monthly debt payments are ₹33,000, and your gross monthly income is ₹1,00,000. DTI = (₹33,000 ÷ ₹1,00,000) * 100 = 33% This means 33% of your income goes toward paying debt. A low ...

Axis Bank, one of the largest private sector banks in India, proudly announces its achievement as the leading UPI Payer Payment Service Provider (PSP) Bank in India. According to the data published by ...

Treasury Bills and Fixed Deposits are popular and secure investment options in India. While both offer stability, they differ in risk, returns and liquidity. Treasury Bills (T-Bills) are short-term ...

Auto-renewal of Fixed Deposits is a convenient feature that automatically reinvests your FD upon maturity, saving time and manual effort. With recent updates to FD auto-renewal rules, it’s essential ...

Electronic fund transfers are essential for seamless financial transactions. Two popular methods in India are UPI (Unified Payments Interface) and NEFT (National Electronic Funds Transfer).

Opening a Fixed Deposit (FD) Account is a great way to lock in your savings while earning steady interest. Whether you prefer visiting a bank or using online banking services, the process is ...

A Personal Loan is an unsecured loan that helps you meet various personal financial needs, whether it’s for medical expenses, travel, or home renovations. It doesn't require any collateral, making ...