Fixed Deposits Archives

February 1, 2020

Budget 2020: Bank deposits insurance cover increased to Rs 5 lakh from existing Rs 1 lakh

The announcement assumes significance in the backdrop of numerous instances of different banks becoming the victim of frauds, putting at risk the hard-earned savings of common people

January 20, 2020

Are debt mutual funds really an alternative to bank fixed deposits?

In the 12-month period ended January 19, 2020, there are as many as 40 debt funds with negative returns i.e investors have lost money in them so far

December 16, 2019

HDFC Ltd fixed deposits: Offering ‘secure’ fixed income of up to 7.61% interest per annum

Special and premium deposits offer fixed rates; regular deposits offer fixed & variable rates; do note that HDFC deposits are not insured

November 29, 2019

3 myths about fixed income investments

Fixed income investments may have a supporting role in your wealth creation journey, but in itself may not create long-term wealth. These myths will help you understand why

November 7, 2019

All you wanted to know about tax saver fixed income investments

Fixed income or debt investments help you save taxes and involve lower risks. A look at the options that are available.

October 15, 2019

ICICI Bank FD Health: An FD-cum-health insurance sounds good, but does that cover you enough?

Bank customers between 18-50 years get complimentary critical illness cover of Rs 1 lakh for 1 year if they open an FD of Rs 2 lakh to Rs 3 lakh for a tenure of at least two years