Banking Archives

What is Moratorium Period? Definition with Examples

Leave a Comment / Banking, Credits and Loans, Finance, Financial Advisor / Sagar Shah

What is Moratorium Period-Definition-Meaning-Examples-Wikipedia of Finance

During a moratorium period, lenders suspend or postpone certain financial obligations, usually loan payments. This allows borrowers to temporarily refrain from making monthly loan payments, granting them a short-term financial respite. Lenders and other financial institutions may impose moratorium periods in reaction to certain circumstances, such as recessions, natural disasters, or other unanticipated events that […]

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Income Tax Slab, Deductions, Limitations in India – A.Y. 2021-22

Leave a Comment / Accounting, Banking, Economy Outlook, Finance, Saving and Budgeting, Tax Planning / Sejal Shah

Wikipedia of Finance - e-learning course on Financial Planning Wikipedia Chapter - Effective Tax Planning Strategies and Related Limitations for Individuals in India

Most of the people don’t know that they are paying tax on everything. Here we are going see about income tax slab for financial year (FY) 2020-21 under new tax regime as well as under old tax structure, income tax deductions for assessment year (AY) 2021-22, 80C deduction for FY 2020-2021, income tax exemptions, limitations

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What are the Benefits of Online Accounts?

Leave a Comment / Banking, Finance / Jessica Patil

Almost everything in the modern world has moved into an online mode. Even an online bank nowadays is a well-known and pleasant reality. Many people use it for personal purposes, but what if you want to open a business account? How can it be helpful, what are the reasons for creating it and what are the benefits of online

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Highest FD interest rates, Best Fixed Deposit Schemes in India

Leave a Comment / Banking, Finance / Sejal Shah

Highest-FD-Interest-Rates-in-India-Best-Fixed-Deposit-Schemes-in-India-Wikipedia-of-Finance

Individuals seeking to build a lump sum corpus for their long-term goals like children’s education, marriage, etc or planning for their golden years may find themselves in a soup now. Marred by low-interest rates and high market volatilities, the current economic conditions make it quite challenging for anyone to find the right investment avenues. Lets

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Systematic Deposit Plan – Best Saving Option

Leave a Comment / Banking, Bonds and Fixed Income, Finance, Investing, Investment, Saving and Budgeting / Deepika Sharma

Systematic Deposit Plan-Best Investment Option-Best Saving Option-Wikipedia of FInance

The Indian financial market offers a diverse choice of best saving option for prospective customers. An investor has the option to select from a number of market dependent schemes, or investments offering assured returns, depending on their risk-appetite, systematic deposit plan, financial requirement, and investment capability. One such newly introduced quick savings tool is the

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