Is your money safe in a company deposit FD? The company fixed deposits are those issued Non-Banking Financial Companies or NBFCs. While banks and post offices also offer fixed deposit, company FDs generally offer a higher interest rate as compared to the other two.
As per the fresh rules mandated by the Reserve Bank of India, all financial institutions in India must now link their new home loan prices to a new external benchmark, namely the MCLR. This new regulation was implemented at the tail end of RBI’s 5th consecutive repo rate cut for FY2019. With these fundamental shifts in lending, home loan interest rate is expected to become much cheaper for borrowers in the near future.
As per World Bank’s report, around 80% of industrial enterprises comprises of small, medium & micro-enterprises and employ over 117 million individuals and accounts for 40% of nations manufacturing output.
Bajaj Finance Fixed Deposit Festive Season : For those looking to grow their savings with guaranteed returns, Bajaj Finance Fixed Deposit is a great investment option. Read along to find out what makes it the best option to invest in Festive Season.
Unlike the large commercial banks such as the State Bank of India, HDFC Bank, ICICI Banks and others, small finance banks offer higher FD interest rates, which can help you earn as high as 9% p.a. on your investment.
A loan is a borrowed sum of money, which has to be paid back at a pre-determined maturity date with interest that can be either fixed or variable rate.
The employee has to contribute 12% of the sum of basic salary, dearness allowance and retaining allowance under the EPF scheme.
Using the PAN of an entity, the Income Tax Department can find out its financial history and check whether it has paid all due taxes on time or not. It is one of the biggest and the most effective weapons of the ITD against tax evaders.
One cannot deny the fact that no matter how careful you are about your health, sudden and unforeseen medical requirement cannot be avoided, leading to situations that can dig a hole in your pocket.
Sukanya Samriddhi Yojana is a savings scheme, backed by the Government of India, which enables parents of girl children to build a fund for their future education and wedding expenses.
A home is a place where you not only nurture your family and make memories for a lifetime, but is also an asset that adds to your net worth and offers security. Since property prices are skyrocketing, it may be difficult to acquire a home with your savings alone. To help you take a step closer to your dream home and buy or construct it conveniently, lenders offer an excellent financial solution in the form of a home loan.
Bajaj Finance Fixed Deposit Diwali Bonus: For those looking to grow their savings with guaranteed returns, Bajaj Finance Fixed Deposit is a great investment option. Read along to find out what makes it the best option to invest your Diwali bonus.
The Gazette of India identifies six minority communities present in India, i.e., Muslims, Christians, Sikhs, Jains, Buddhists and Parsis, under Section 2(c) of the National Commission for Minorities Act of 1992. Together, these six communities make up just over 19% of the Indian population.
The Small and Medium scale enterprise sector is one of the fastest growing segments of the Indian manufacturing industry. Currently, it contributes to almost 40% of the nation’s GDP and employs almost 109 million people across the country.
Gold vs FD: While both gold and FDs have pros and cons, evaluating them well and investing according to your investment goals and risk appetite is the best way to enjoy optimal returns while taking on minimal risk.
Amazon is back again with its much-awaited Great Indian Festival to spruce up your pre-Diwali celebration. The festival is going to be a lot more exciting because of the 10% instant discount on SBI Credit Cards.
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