What is a Cumulative Fixed Deposit? Meaning & Returns
Overview: A cumulative fixed deposit is an investment where interest earned is reinvested with the principal amount, generating compound returns payable at maturity. Unlike regular …
What is the Difference Between a Fixed Deposit and a Savings Account?
Overview: This guide compares fixed deposits and savings accounts, examining their interest rates, liquidity features, and suitability for different financial goals. We’ll explore when to …
What is Non Cumulative FD? Understanding Regular Income Fixed Deposits
Overview: Non cumulative FDs pay interest at regular intervals instead of adding it to the principal amount. They offer steady income streams for those needing …
Corporate FD Schemes: Meaning, Benefits, Rates & Best Investment Options
Overview: Corporate Fixed Deposit (FD) schemes are term deposits offered by NBFCs and companies, providing higher interest rates than traditional bank FDs. They are popular …