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FDs by NBFCs offer higher interest rates than banks or post offices
FD tenure can range from short-term to long-term depending upon the investment goal.
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly.
The ferocity of the second wave of the coronavirus pandemic has scared people, forcing them to withdraw larger amounts from the ATMs with a view to avoid frequent visits
An individual can open a recurring deposit with only Rs 100 and get a fixed assured return
Cash in circulation as a share of the GDP had gone down to 8.26% in 2016-17 as a result of the demonetisation before it began rising again
The interest earned on a FD is fully taxable. It is considered a part of total income and taxed as per the applicable tax slabs
Amit Kukreja, founder, Amitkukreja.com, told Money9 that people can opt for a zero default product called RBI Floating Rate Bonds
You can log in to your EPFO account through a UAN number which remains unchanged even if you change your organisation. However, there is a facility wherein you can change your bank account details
If you skip a single cigarette a day and instead invest that small amount, you can create a regular income of Rs 5,000 per month after crossing 60