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Types of Fixed Deposits in India

In India, we have various types of fixed deposit schemes. An investor can choose based on their personal and financial needs. Let’s discuss the types of deposit schemes here. Standard Fixed Deposits A fixed sum of money is deposited for a certain period of time and a certain interest rate is provided

Savings account for Non-resident Indian (NRI)

Non-resident Indians are people of Indian birth who live outside India. There are two types of Saving accounts available for NRI. They are NRE and NRO account. NRE Account NRE Account allows the account holder to deposit funds from foreign earnings / transferred foreign earnings to India. The funds are converted to

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