When you open a fixed deposit with the bank then you are lending money to the bank and it pays you interest. As interest rate and time period are fixed this investment product is called a Fixed Deposit. Deposit up to Rs 1 lakh in any bank is protected under the Deposit Insurance & ...
You can try out different scenarios using thisPPF for Child Calculator. By the way, the Minor PPF account interest rates are the same as the regularPPF account interest rates. So go ahead and open a PPF account for your children as soon as you can This way, you will give them a solid...
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When they nonetheless ran into financial trouble in 2002 after the stock market crashed and interest rates sank, the country came up with a unique response. The Dutch funds are now no longer on the hook for providing a set income in retirement no matter what happens to financial markets that...