Blog

Floating Fixed Deposit

What is a Floating Fixed Deposit & Its Benefits

Fixed Deposits (FDs) are a popular way for people to save money and keep it safe. With regular FDs, you get a fixed interest rate throughout the deposit period. But there’s another option called Floating Fixed Deposits. These let you earn interest rates that might go up or down while your money is in the deposit. In this blog, we’ll talk about how Floating Rate Fixed Deposits work, why they’re useful, and what to think about if you want to invest in them.

Difference between Cumulative and Non-Cumulative FD

Know the Difference between Cumulative and Non-Cumulative FD

Fixed deposits are widely favoured by investors in India for their reliability and security. These investments offer a fixed return through interest rates. Usually, investors opt for long-term options, parking funds they don’t need shortly. Fixed deposits are divided into 2 types based on payout method: cumulative and non-cumulative FD. Let’s learn about the difference between cumulative and non-cumulative fd in detail.

tax saving fixed deposit

Everything You Need to Know About Tax Saving Fixed Deposit

Various types of fixed deposit accounts cater to the needs of individuals and entities seeking to save funds for the future. While conventional FD accounts offer flexibility in choosing the account tenure, certain banks provide a specialised five-year FD scheme tailored for tax savings.

casa in banking

What is CASA in Banking

There are two main types of accounts that banks offer. Term deposits, such as fixed or recurring deposits, or non-term deposits, such as current or savings accounts, could be used. Let’s learn about CASA in detail.