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Bank Deposits

Interest payout

A crucial aspect of investments, interest payout refers to the distribution of accumulated interest to the investor on a periodic basis. This can be in the form of quarterly, semi-annual, or annual payments, depending on the terms of the deposit. Essentially, this means that the investor receives the earned interest in cash at specified intervals.

Non-Resident Accounts

Welcome to today's lesson on non-resident bank accounts. These are accounts held by Indian nationals and Persons of Indian Origin residing abroad, foreign nationals, and for...

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Bank fixed deposits

Bank fixed deposits, also known as bank term deposits, refer to the funds collected by banks from investors for a predetermined period. This serves as a primary source of ra...

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Lender

Lending is the act of providing monetary funds to another individual or organization for a predetermined period of time. This exchange involves the borrower returning the bo...

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Future Value

. Compound interest is a powerful concept in finance. It refers to the interest earned not only on the original amount invested, but also on the accumulated interest over tim...

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