How to calculate interest rate for fixed deposit

Fixed deposit or FD is a kind of term deposit with higher interest rate. Because of its higher rate of interest and low risk, it is considered as one of the safest investment options in India. Almost every bank offers fixed deposit schemes in India at different interest rates, which can be calculated either manually or with the help of FD calculator or a fixed deposit calculator. (more…)

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Importance of a Credit Card

A credit card is one of the most important things you can have, it gives you more freedom and flexibility and it certainly makes your life simpler and easier. Credit cards are a type of unsecured personal loan between the credit card issuer and the credit card holder, they are also modern-day convenience. They allow you to pay for any purchase without having to carry cash, saving you time and the inconvenience of always having to ensure that there is cash in your wallet. Apart from the obvious, there are other reasons that you may want to apply for a credit card.  A credit card allows you to pay for unexpected expenses or to take advantage of specials when you don’t have cash. (more…)

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