The Basics of Investing in Dividend Yielding Stocks
A company when earns profits has three options available to it. One, it can declare part of the profits to its investors in the form of dividends. However, in this case, the company has to decide on the dividend payout ratio. Second, it can hold all the amount of profit and invest in back in...
Raising Money with Loan against Property
Money is measured to have become one of the most required and desired aspect in one’s life in the present times. The realization of an individual’s dream calls for the foremost prerequisite of money or funds. Loans are learnt to be quite a convenient option for the reason of arranging funds. An individual who is...
Save Your Taxes with Bank Fixed Deposits
Our Indian masses love to keep their surplus funds in fixed deposit for a very simple reason – it offers security as well as fixed return. A Tax Saving Fixed Deposit has an additional benefit, it aids in saving your income tax as well. There are several ways of investments through which you can save your tax,...
Should you pay 2% extra while using your credit cards???
We often shop using credit or debit cards. These credit cards has given us the freedom to spend the way we wish without carrying cash. However, does it bring any other costs also while spending. It has been witnessed that at few merchant outlets, shop owner asks for additional 2% for accepting payment through card...
STEPS TO TRANSFER PROVIDENT FUND (EPF) TO NPS ACCOUNT
This article informs the reader of an upcoming development in the world of saving and investments. We discuss the National Pension System Account that is available to all individuals to ensure a stream of cash inflow during their retirement years. Not many know of the benefits of this product, its various nuances and how they...
The Good Ol’ Savings Account: The Ideal, Low-Risk Investment Option
In today’s day and age, there are a plethora of options available to the investor to save money. The question is why should someone then bother to choose a savings account with a bank? Especially, when this money-saving avenue hardly let’s you collate funds due to the low percentage of interest it belts out over...
Know What You Don’t Know About Your Salary Account
Long-long back, salaries were paid to the employees either through cash or through cheque. Payroll department used to be held responsible for calculating salaries, arranging sufficient cash from the finance department, distributing salaries in proper currency denominations and maintaining records. But with the advent of plethora of banking services, the only change that has been brought in...
Features of Mobile banking that you must know
Mobile revolution has changed the way people live and that too in just last few years. The enormous wave of communication washed out all traditional ways and build new bridges between people. One of the important among such bridge is between a person and his bank. With mobile banking, the now your money can dance...
Way of Making Money From Securities Lendin-Borrowing
There is a vast majority of traders who buy stocks for a long period of time in anticipation of gaining through appreciation in the price of the securities. But are these stocks meant only for capital appreciation and fetching you dividends every year? Is there any way through which the securities lying idle in your...
Smaller Banks Offer Better Fixed Deposit and Saving Bank Interest Rates
The first step to saving money is usually to deposit it into a bank that offers a good interest rate. Recent trends have however shown us that the interest rate is greater in banks which are comparatively smaller than that offered by the big players. Some examples are SBI which is the largest lender in...
