Difference between Fixed Deposit and Recurring Deposit
Let’s take a look at the points with the table below which explains FD vs RD: Fixed Deposits Recurring Deposits Purpose: To enable investors to mobilize idle savings and earn with a higher rate of interest than regular savings bank accounts. Purpose: To inculcate a regular habit of savings among the public. Duration: Fixed deposit accounts can be … Continue reading “Difference between Fixed Deposit and Recurring Deposit”
Read MoreeFiling Income Tax
Being tax compliant has its own set of advantages. Apart from the fact that it provides easy access to good accommodation, good vehicles and good education, it also helps keep the Income Tax Department at bay. It is critical, especially if you are applying for loans, that you provide all your income tax returns along with receipts. … Continue reading “eFiling Income Tax”
Read MoreDoorstep Loans
Doorstep loans, also known as home credit, are unsecured loans which can be taken for smaller sums of money. The borrower can get the money delivered at their doorstep by an agent who will come to collect the repayment instalments, usually on a weekly basis. Interest for these loans is calculated on pre-set rates and … Continue reading “Doorstep Loans”
Read MoreDocuments Required To Apply For Voter ID Card
A voter ID card, also known as “Voter Registration Card” or an “Election Card” is issued to an Indian citizen by the Election Commission of India which acts as a proof of his/her citizenship and allows them to cast their votes in this country. This photo identity card helps in improving the accuracy of the … Continue reading “Documents Required To Apply For Voter ID Card”
Read MoreDental Insurance in India
Dental insurance refers to the cover provided for dental procedures (not including cosmetic dentistry) that are deemed necessary by a medical professional. Procedures would be classified under either preventive or diagnostic. A few of the procedures that are covered under dental insurance include filling of caries, tooth extractions, dentures, root canal procedures, etc. Dental Insurance Coverage in … Continue reading “Dental Insurance in India”
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