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FD OR NSC: WHICH ONE TO OPT FOR?

September 28, 2019 Mickeaxis bank fd rates, bandhan bank fd rates, best FD rates, best fd rates for senior citizens, fd interest rates 2019, fd interest rates calculator, fd interest rates in sbi, features of fixed deposit account, fixed deposit calculator, fixed deposit features, fixed deposit in india, fixed deposit interest rates, fixed deposit rates in post office, fixed deposit sbi, how to open a fixed deposit account, idfc bank fd rates, types of fixed deposit0 comment

Fixed Deposit (FD) and National Savings Certificates (NSC) are both popular investment choices that offer tax benefits under the Income Tax Act. Investments up to Rs. 1.5 lakhs for five years are applicable for tax deductions. They are both types of deposits offering fixed-income investments and have some similarities. On the other hand, they also do have their fair share of differences. It is necessary to explore the same to realize which one is more beneficial for the investor. Similarities: As previously mentioned, both of these investment alternatives have…

Fixed deposit calculator – Calculate your maturity value and interest rates

September 18, 2019 Mickecanara bank fd calculator, fd calculator axis bank, fd calculator monthly interest, fd interest rates calculator, FD interest rates in India, fixed deposit interest calculator, fixed deposit interest rates, monthly compound interest calculator india, monthly interest calculator, monthly interest for 1 lakh fixed deposit, post office fixed deposit calculator, recurring deposit calculator, sbi fd calculator 2019, sbi fd rates, tax on fixed deposit interest calculator0 comment

Term deposits such as fixed deposits (FD) have pre-determined maturity value, interest rate and investment tenor. Unlike other investment instruments like mutual funds, FDs are unaffected by market fluctuations. Thus, the chances of a discrepancy between estimated returns and actual returns are zero. Estimated returns of a fixed deposit are guaranteed and can be calculated before hand. With the internet becoming a hub of most financial activities, financial institutions now offer online tools to assist you in using the finanical products and services to the best. Fixed deposit calculator is…

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