On December 12, 2019, the Government of India announced the National Savings Time Deposit Scheme which is also known as Post Office Time Deposit Scheme through No. GSR 922 (E). The account holders under this scheme go through four maturities. The main catch of this scheme is that the interest rate that this TD Account… Continue reading National Savings Time Deposit Account
Day: December 18, 2023
Kisan Vikas Patra vs Fixed Deposit
Making informed decisions about investing surplus funds is a prudent financial strategy that empowers individuals to enhance their wealth and attain financial objectives. Two commonly considered options for investment are Kisan Vikas Patra (KVP) and Fixed Deposit (FD). While both KVP and FD offer secure and dependable avenues for investing money, they diverge in terms… Continue reading Kisan Vikas Patra vs Fixed Deposit