The 21st century has witnessed the emergence of various financial institutions such as Non-Banking Financial Companies (NBFC), investment banks, internet banks, and brokerage firms, etc. The financial market has grown leaps and bounds with the way it interacts with its depositors and borrowers. The primary thing that all these institutions have in common is that they all provide a Fixed Deposit (FD) scheme. Fixed deposit (FD) is a kind of investment option…Continue
If you are a salaried person, you would know that the liquidity of money and savings, are of equal importance. However, there are times when the expenses are likely to exceed your monthly salary, and you are left with ‘nothing’ to invest. Hence, it becomes inevitable to choose an investment plan that encourages monthly saving, and high returns in the long run.
Along with bank fixed deposits (FDs), company FDs have been one of the most popular modes of investment among most Indians. Offering higher returns than the market average, company FDs have gained a lot of traction in the past few years. If you are willing to invest your money in company FDs but are not aware of where and how to do it, read on to find the answers.
How to invest in company FDs?
The third week of June is celebrated as Father’s Day in India. It is the day when fathers are appreciated by their children for all the hard work that they put in raising them and giving them a good upbringing. Children usually shower their father with expensive and heart-touching gifts as a token of their gratitude. Investment-savvy children, however, gift their father a retirement plan that will take care of their financial needs in their retirement years.…Continue