We talk about the best investments to grow your wealth over time.
You can read about investing in stocks, bonds, real estate and mutual funds.
Recurring deposits are the best way to start a habit of saving money on a regular monthly basis. You can invest in RDs for a short term goal to save money for an upcoming expense like purchasing a new bike or planning an annual vacation. Let’s have a look at the best RD interest rates …
RD Interest Rates 2020: Compare Recurring Deposit Interest Rates Read More »
Employee’s Provident Fund (EPF) is one of the safest investment instruments backed by the government. EPF is a debt-based investment method designed for salaried persons to encourage them to save for their future needs like child education or marriage and of course retirement. EPF’s tax exemption benefit markets it more investor-friendly. You not only get …
EPF Interest Rates 2020- 21: How to Calculate Interest on EPF Read More »
The post office fixed deposit scheme offers higher returns as compared to public sector banks. You can select a tenure type ranging from 1 year to 5 years for your fixed deposit. The post office gives you a 5.5% interest rate for 1 year FD and a 6.7% interest rate for a 5 year FD. …
How to earn Rs 5.74 lakh interest from FD in just 5 years Read More »
Fixed deposits are the most popular investment but not the best investment because of low interest rates. However you can invest in FDs for a short term goal to save money for an upcoming expense and earn interest on that money. Let’s discuss a few important things about FDs – You can save income tax …
Fixed Deposit Interest Rates 2020: Best FD Interest Rate Read More »
National Saving Certificate (NSC) is a government bond and a popular short-term investment scheme for safe players. You can not only keep your money safe, but you also earn better returns as compared to fixed deposits, the most popular saving instrument in India. You can invest for 5 years in NSCs. However, earlier there were two …
NSC – National Savings Certificate Interest Rate & Tax Benefits Read More »
Salary lasts only for a few days, leaving you struggling to meet ends (needs). The truth is that you have a fixed amount of disposable salary every month. You need to spend, plan, save and invest and fulfil your goals within that only. You may definitely have life goals like purchasing a car, buying a …
11 Best Investment Options for Salaried Person in India 2020 Read More »
The government has also revised the current PPF interest rates for the quarter (April-June) of 2020 to 7.10%. Even last year, the government of India has replaced the old PPF Scheme 1968 with updated PPF Scheme 2019. The new scheme brought 5 changes in the old scheme. Interest payable on loan from PPF account reduced …
Current PPF Interest Rate 2020: Current Rate in SBI, HDFC, ICICI, Post Office Read More »
On 31st March 2020, the Ministry of Finance reduced the interest rate on the Public Provident Fund (PPF) to 7.1% from the earlier rate of 7.9%. A direct impact is that you will earn a lower amount of interest on your PPF savings for the first quarter of the present financial year 2020-21. But the …
How to Earn 1 crore in India by investing money in PPF Read More »
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