Glossary
Banking
Banks are institutions that manage money. They accept deposits, provide loans, and offer services like savings accounts, credit cards, and online banking. Their main role is to help people and businesses with their financial needs.
Commercial banksCentral bank holidays 2024Yes bank holiday list 2024Bandhan bank holiday list 2024Idfc first bank holiday list 2024Credit Cards
A credit card is a payment card that allows you to borrow money up to a certain limit to make purchases. You pay back the borrowed amount later, either in full or through monthly payments, with interest charged on any unpaid balance. Credit cards are useful for making purchases, earning rewards, and building credit.
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A Fixed Deposit (FD) is a savings scheme offered by banks where you deposit a lump sum of money for a fixed period at a set interest rate. The money earns interest over time, and you receive the principal amount along with the accumulated interest at the end of the term. FDs are considered safe investments with guaranteed returns.
Canara bank fixed deposit rates-2024Central bank of india fixed deposit rate-2024Idfc bank fixed deposit rates-2024Bank of baroda fixed deposit rates-2024Bank of india fd rates-2024Hdfc bank fixed deposit rates-2024View More ↓Recurring Deposit
A Recurring Deposit (RD) is a savings scheme where you invest a fixed amount of money regularly, usually monthly, for a specific period. The deposited amount earns interest, and at the end of the term, you receive the total amount along with the interest. RDs are a good option for those looking to save small amounts consistently and earn a guaranteed return.
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A Mutual Fund is an investment scheme that pools money from many investors to invest in a diversified portfolio of stocks, bonds, or other securities. A professional fund manager manages the investments, aiming to generate returns based on the fund's goals. Mutual funds allow investors to diversify their investments and are available in various types based on risk levels and investment objectives.
Emerging market fundsInternational mutual fundsOpen ended fundsThematic-energy mutual fundsClosed ended fundsReal estate fundsView More ↓Blog
Our blog is dedicated to all things finance, where we regularly publish content ranging from personal finance tips to deep insights into the world of investments, banking, and the economy. We explore topics like saving, investing, credit management, financial planning, and more.
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