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Bank Deposits

Tax-saving fixed deposits

Allow me to introduce you to a unique type of fixed deposit that offers a valuable tax break to investors. This deposit allows individuals to invest a certain amount of money and receive a tax benefit in return. The maximum benefit can be availed for investments up to Rs 1 lakh, with a mandatory lock-in period of 5 years.

Recurring Deposit or Cumulative Deposit Account

A bank account that requires a depositor to deposit a fixed amount (in multiples of Rs 5 or Rs 10) every month is known as a recurring deposit account. This deposit is typic...

Co-operative banks

In today's financial landscape, we often hear about banks operating under a co-operative model of ownership. This refers to a structure where a group of individuals come toge...

Simple Interest

In the world of finance, one of the fundamental concepts is simple interest. It involves multiplying the interest rate by the principal amount and the number of periods. Unl...

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...

. 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...

Demand deposits

Deposit refers to the money that a bank receives from a customer, which can be withdrawn at any time by the customer. In banking terms, this is known as a demand deposit, as...

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Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

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