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    How to Choose a Good Deposit Plan in Bank?

    Tuesday, November 12th, 2013

    Banks don’t offer high interest rates on deposited amount like other financial sectors. However, still people like to deposit in the banks to get good returns. Recent dramatic change in US economy forces people to think deeply. They have bad news regarding the bullion market. Prices of gold, silver and platinum are skyrocketing. US economy […]

    Guide to make a deposit slip

    Saturday, April 13th, 2013

    Do you have a bank account? Then someday or the other you will be required to make the use of a deposit slip. This is an itemized slip that is required to be filled by a person making a deposit to the bank. In the deposit slip you are required to fill in the personal […]

    Is it a safe option to pay bill online?

    Sunday, April 1st, 2012

    Online banking services and options to pay bills online have made life a lot easier for people. Gone are the days of standing in a queue to pay your phone or electricity bills. Online bill payment facilities are provided by online merchants having a secure socket layer connection for their web page. A consumer can […]

    Advantages of fixed deposits over recurring deposits

    Sunday, September 18th, 2011

    Most people nowadays understand the importance of saving money. That is the reason why banks are offering several types of accounts to suit the requirement and necessity of customers. But the big question that has troubled clients for several years is the type of account in which he or she should deposit. The most prevalent […]

    Calculate the Maturity of Your Recurring Deposits

    Saturday, July 30th, 2011

    Recurring deposits refer to the mode of investment wherein the investor routes a specified amount of money every month for a certain duration (e.g. years) so as to gain a net profit over the total investment he makes. It is necessary to go through the terms and conditions of the investment plan, the maturity period […]

    About Average Interest Rates on Your Saving Deposits

    Saturday, July 30th, 2011

    Savings deposits are offered by banks and can be considered the easiest (to understand) investment options. However, the rate of interest offered by these options is pretty low which is compromised by the level of safety involved in this mode of investment. On an average scale, the year 2010 offered an interest rate of about […]

    Comparing the Term Deposits

    Saturday, July 30th, 2011

    Term deposits are promising as well has highly safe modes of investment, though one should consider the various parameters of the different deposit plans available. First, decide upon the amount of investment you intend to enroll. Next, compare the rates of interest offered by the various government as well as private term deposit issuers like […]

    Advantages of Making Fixed Deposits

    Friday, July 29th, 2011

    Fixed deposits (or term deposits) are investment options offered by local or national banks wherein a fixed amount of money from the investor is locked for a specific duration (a few months to few years) against a specific percentage of interest. The interest is paid regularly (monthly) to the investor or after the total duration […]