Category: Fixed Deposit

Best FD Interest Rates

Best Fixed Deposit(FD) Interest Rates 2024

Fixed Deposits promise a steady interest rate, special rates for senior citizens, flexible interest payment choices, no market risks, and even income tax benefits. In this blog, we’ll dive into the best FD interest rates of 2024in India.

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Nominee Vs. Legal Heir

Fixed Deposit: Nominee vs. Legal Heir

Usually, every account holder must name a nominee in bank accounts. The nominee is considered the caretaker of the amount until the legal heir claims it. This article describes the role of a nominee vs. a legal heir and the different scenarios wherein the bank decides to disburse the amount to one or the other.

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