Investment Articles

  • Tax Benefits Under NPS One Can Avail of

    By : Bank of Baroda
    29 Feb, 2020

    National Pension Scheme or NPS is a central government scheme for all those who want to save for their retirement days early on. So if your retirement is still some time to go and you are already planning to make arrangement for your golden days, the NPS is your ticket ...

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  • What is Pradhan Mantri Jan Dhan Yojana

    By : Bank of Baroda
    29 Feb, 2020

    Since his election as the Prime Minister of India, Narendra Modi has launched several schemes that are targeted to people of different income groups – especially those belonging to the middle and lower-income groups. One of the most popular schemes he’s laun...

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  • Everything You Need To Know About Sovereign Gold Bonds

    By : Bank of Baroda
    28 Feb, 2020

    That Indians love investing in gold, is no hidden secret. We buy gold on big and small occasions. Gold is considered an excellent investment in India, irrespective of the form in which it is purchased. However, when you buy gold jewellery, you end up paying a lot more i...

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  • PPF Tax Benefits & Features you must Know About

    By : Bank of Baroda
    28 Feb, 2020

    A popular investment and tax saving instrument for Indians since it was first introduced in 1968 by the Central Government, the Public Provident Fund is a great tool to boost small savings by every individual across India. One of the biggest reasons thousands open opt f...

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  • 7 PPF Account Benefits You Should know About

    By : Bank of Baroda
    27 Feb, 2020

    If you are looking for a low-risk investment option, a Public Provident Fund or PPF is the answer for you. It is a long-term investment tool that helps you save money as well as enjoy tax benefits. The returns on a PPF investment are high, too, making it one of the most...

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  • All you need to know about the Senior Citizen Savings Scheme

    By : Bank of Baroda
    27 Feb, 2020

    Old age often brings uncertainty. Senior citizens face questions about their physical, emotional and financial health. The Government of India recognises the importance of financial security for the senior citizens and has started the Senior Citizen Savings Scheme (SCSS...

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  • What is Life Insurance ?

    By : Bank of Baroda
    19 Dec, 2019

    Life can be pretty uncertain. The death of a loved one is always painful, but it can have pretty serious financial consequences if it happens to be an earning member. Life insurance was devised to protect a family in the event of the death of an earning member. So let&r...

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  • Benefits of Life Insurance

    By : Bank od Baroda
    19 Dec, 2019

    Life insurance is a must in today’s world. Modern living is an expensive business, and people have to bear the burden of huge costs like children’s education, EMIs on home loans, healthcare and so on. So it is important for every earning member to have a lif...

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  • Top 5 tax saving investment options

    By : Bank of Baroda
    18 Jul, 2019

    Paying taxes is a legal, ethical duty that every individual has to fulfil. The government uses your tax money towards the development and progress of the country. The government even offers some tax relief if one invests in certain instruments. However, most people tend...

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  • Difference between Fixed and Recurring deposits

    By : Bank of Baroda
    03 Jul, 2019

    Understanding the differences between fixed deposits and recurring deposits The process of wealth creation requires discipline. Money must be put away systematically, over a period of time for wealth to grow. Whether you choose to invest in the stock market, commoditie...

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  • Everything you needed to know about tds on fd rates

    By : Bank of Baroda
    03 Jul, 2019

    A bank or financial institution is required to deduct TDS (tax deducted at source) at 10% from the interest income you earn on your fixed deposits and remit it to the central government, if the interest income exceeds Rs.10,000 in a financial year.. TDS is tax deducted...

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  • How to open a fixed deposit account

    By : Bank of Baroda
    03 Jul, 2019

    Fixed deposits and the importance of having one Time deposits or Term deposits are most commonly known as fixed deposits. Apart from mobilising funds from demand deposits like savings and current accounts, banks also resort to fixed deposits to raise funds. Fixed depos...

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  • Fixed Deposits- Features, Benefits, Disadvantages

    By : Bank of Baroda
    03 Jul, 2019

    A fixed deposit is one of the most popular investment options in India. Several people consider fixed deposits as the best investment option and invest a significant portion of their savings in this instrument. But what is a fixed deposit? A fixed deposit is a type of ...

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  • How does Fixed Deposit Work

    By : Bank of Baroda
    03 Jul, 2019

    A fixed deposit is one of the most popular investment avenues in India, particularly among risk-averse middle class investors. How does fixed deposit work? Let’s take a look. How does a fixed deposit account work? For that we have to understand that there are tw...

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  • How is Interest on Recurring Deposit Calculated

    By : Bank of Baroda
    03 Jul, 2019

    A recurring deposit is one of the best ways a small investor can invest funds and grow them. In a recurring deposit, a fixed amount of money is invested at a fixed duration for a fixed period of time. These installments all mature on the same date. Essentially, a recurr...

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  • Reasons Why You Need To Have a Fixed Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Since the generation of our fathers and grandfathers, fixed deposits remained a preferred instrument to put our hard earned savings in. We would put away a lump sum in a fixed deposit offering an attractive and steady interest rate. Why we preferred and continue to pref...

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  • Recurring Deposit- Features & Benefits

    By : Bank of Baroda
    03 Jul, 2019

    what is recurring deposit, what is recurring deposit account, what is meant by recurring deposit, what is a recurring deposit account, what is recurring deposit in bank, what is a recurring deposit account in bank, what is the benefit of recurring deposit, what is recur...

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  • Recurring Deposit Vs fixed deposit

    By : Bank of Baroda
    03 Jul, 2019

    Recurring Deposit V/s Fixed Deposit: 4 Differences Today, maintaining a bank account has become a norm. You need to provide your bank account number on various occasions; like receiving the salary from employer or subsidy from the government under a scheme. And most pe...

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  • What are the Benefits of Recurring Deposits

    By : Bank of Baorda
    03 Jul, 2019

    There are many benefits of recurring deposit. Small installments Most banks have a very low amount of monthly installment. Some banks even have recurring deposit schemes where the installment frequency is quarterly or half yearly. This ensures people with low amount o...

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  • What is a Recurring Deposit Account & How to open this Account

    By : Bank of Baroda
    03 Jul, 2019

    Features of recurring deposit account: A recurring deposit account can be opened for as less as Rs. 100 depending on the bank. The installment in most recurring deposit accounts is fixed and has to be deposited on the same day every month. Some schemes allow quarter...

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  • Baroda Tax Saving Term Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Opening a term deposit to earn interest income is an excellent way to make use of the funds lying in your bank account. But by opting for a tax saving fixed deposit, you can also earn interest income and get a tax benefit. Bank of Baroda’s Baroda Tax Saving Term D...

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  • Features & Benefits Flexible Recurring Deposit Scheme

    By : Bank of Baroda
    03 Jul, 2019

    Flexible Recurring Deposit Scheme (Yatha Shakti Jama Yojana) Bank of Baroda offers its customers a unique scheme that makes it possible for you to save money flexibly, month after month. You can avail the attractive Yatha Shakti Jama Yojana - a flexible recurring depos...

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  • Benefits & Features of Term Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Earning income from your investments doesn’t have to be a complicated exercise. It is possible to earn a decent interest income out of the amount lying in your bank account by opening a term deposit account. A term deposit is any amount kept with the bank for a fi...

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