Fixed Deposit (FDs) are popular modes of investment since they are stable instruments that offer predictable returns. However, the interest earned on FDs, often diminishes in size after tax deduction. Tax-saver FDs constitute a separate category of fixed deposit accounts that help customers leverage Section 80C of the Income TaxContinue Reading
Experts suggest that putting your money to work as soon as possible is critical to achieving your objectives. The amount of money is important, but it comes second to the act of investing. Assume you want to build a corpus for your child’s education over a 15-year period, but youContinue Reading
Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian non-banking financial organization (NBFC). Bajaj Finance is the only Indian NBFC with a ‘BBB’ rating from international rating agency S&P Global, and its fixed deposit has the highest ICRA MAAA and CRISIL FAAA ratings in its respective categories. TheseContinue Reading
The NationalPension System has emerged as a popular investment scheme in recent times. It is regulated by the PFRDA and aims at saving for the subscriber’s retirement. It is a market-linked investment system that helps in accumulating one’s savings towards their retirement. Once you haveopens an NPS account you haveContinue Reading