Need cash urgently and wondering whether to break your Fixed Deposit for some liquid funds or should you opt for a Loan against Fixed Deposit? The answer to this question depends on several factors. Let’s compare the pros and cons of both these options. You can make your choice depending on which option works better in your situation with minimal financial loss.
Do you have a good amount of cash in hand and are not sure how to invest it or earn good interest from it? Well, the Fixed Deposit sweep-in facility could be an interesting and helpful option for you! Want to know how it works, read on to get more information.
Financial crunches are like gatecrashers at a party. More often than not, most of us are not prepared to deal with the urgent need of liquid money. While selling of assets at lower prices or applying for a Personal Loan with high interest rates are the methods we generally resort to, we tend to overlook loan against Fixed Deposits that can be very useful during liquidity crunches.
Fixed Deposits are considered to be the safest means of saving money. While most people may be aware of Fixed Deposits, not of all us may know about the various options available to open a Fixed Deposit account. Here’s an article which will give you some insight on Fixed Deposits.
Have questions about Fixed Deposits and Life Insurance but don’t know where to begin? Here’s your ultimate guide that decodes what you’ve always wanted to know. We’re letting you in on financial secrets no one else will tell. Stay smart, save smart. Are you taking down notes yet?
To have a balanced finance portfolio, the right proportion of high-growth instruments and risk-free instruments are needed. Not only are FDs safe havens to park your funds, they also offer a decent interest on deposit. Let’s talk Fixed Deposits!
If a company needs funds for expansion, there are many avenues they can turn to. Opening corporate fixed deposits are one such option. Corporate FDs work in an investors favour as they have higher interest rates compared to bank FDs. Things to check before saying ‘Yes’ to a corporate FD A certain degree of due… Read More »
Broccoli soup or Grilled Chicken? Salad or Burgers? You probably did not pick the Broccoli soup but we all know that it’s healthy. When it comes to investments, people have their own preferences with gold, land and FDs, but not many pick equities. Equities are considered risky and some even consider them akin to… Read More »
No matter how savvy an investor you are, a little certainty of returns from the investment portfolio adds to your comfort. If equities give wings to your portfolio, fixed income instruments offer stability and certainty. Therefore, it is important to have a right mix of debt and fixed income investment options in your portfolio. Prateek… Read More »
March is that time of the year when you’re no different from a headless chicken. Only, you’re running around pecking at investments to save tax at the last minute. A mere week away from the deadline of 31st March 2015, diligence finally overpowered procrastination and I sat down to take care of my taxes. The… Read More »