Category: Personal Finance

When thinking about safe and reliable investment choices in India, options like “Fixed Deposit” (FD) and Term Deposit take the centre stage. Though these are commonly used terms there’s often a mix up about whether they mean the same thing...

Managing finances while repaying a personal loan can be difficult. Many of us have been there, wondering how to fit monthly repayments into our budgets without overstretching ourselves. That’s where a personal loan EMI (Equated Monthly Instalment) calculator comes into...

International travel introduces you to new cultures, beautiful landscapes, and unforgettable memories, but it can also bring in Forex charges that inflate your vacation costs. Some charges could be unavoidable, but understanding them can help you make decisions that will...

Investing in financial schemes is a crucial component of holistic financial planning. One of the most popular and safe investment options is a Fixed Deposit (FD) – a financial tool that offers guaranteed returns. However, correctly calculating the monthly interest...

Digital transformation of export financing is not just a thing of the future; it’s already underway. This shift towards digitalisation is redefining traditional processes, making export finance more accessible, efficient, and secure for businesses trying to understand the complexities of...

As Interest Rates in India are higher as compared to the western countries, many NRI’s have a preference for investing in India. To make use of these high differences in Interest Rates in India and other developed countries, NRI’s prefer...

With the Interest Rates in India being significantly higher side as compared to other developed Countries like the US, UK, Canada etc., many Indians staying in these countries prefer to park their excess funds in India to earn a handsome...

Tax deductions function as a valuable tool in the personal finance domain, allowing individual taxpayers and companies to lower their taxable earnings legally and the applicable tax payment. In addition, leveraging income tax deductions can considerably affect your financial position,...

In March 2023, remittances totaled $2.95 billion, up from $2.1 billion in February 2023 and $1.96 billion in March 2022. At the core of these payments lies LRS.  LRS’s full form in banking is the Liberalised Remittance Scheme, an initiative by the...

The days of tedious paperwork and long in-branch processes are over. Thanks to technology, opening a zero-balance bank account online in minutes is a major advancement in banking accessibility in the digital age. If you are wondering how to open...