Fintechs – Products, Community, News
Fintechs – Products, Community, News
Click here for FIXED DEPOSIT CALCULATOR 1. Introduction: The Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of the Reserve Bank of India (RBI) and serves as the primary entity responsible for providing deposit insurance to depositors in Indian banks. Established in 1978, DICGC plays a crucial role in safeguarding the interests of […]
According to RBI, your deposit is secured upto Rs 5 Lakhs by Deposit Insurance and Credit Guarantee Corporation (DICGC) A Fixed Deposit (FD) calculator is a tool that helps individuals estimate the interest earned and the maturity amount for a fixed deposit investment. The formula for calculating interest on fixed deposits is straightforward, but a […]
Investing in Fixed Deposits (FDs) can be a suitable option for certain investors depending on their financial goals, risk tolerance, and investment preferences. Here are some reasons why individuals might consider investing in Fixed Deposits: FD Calculator While Fixed Deposits have their merits, it’s essential to consider factors such as inflation, which can erode the […]