Investment Articles

  • 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

    Everything You Needed To Know About TDS On FD Interest Rates 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 incom...

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  • Fixed Deposits Accounts

    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

    Fixed Deposits: Features, Benefits and Disadvantages Keywords used: fixed deposit account advantages and disadvantages, fixed deposit advantages and disadvantages, advantages and disadvantages of fixed deposit investment, advantages and disadvantages of fixed deposit ...

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  • How does Fixed Deposit Work

    By : Bank of Baroda
    03 Jul, 2019

    How does fixed deposit work? 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 t...

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  • How is Interest on Recurring Deposit Calculated

    By : Bank of Baroda
    03 Jul, 2019

    How is interest on recurring deposit calculated? Keywords used how to calculate RD interest, how to calculate recurring deposit interest, how to calculate interest on RD account, how to calculate RD interest manually, how to calculate compound interest for recurring d...

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  • Reasons Why You Need To Have a Fixed Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Reasons Why You Need To Have a Fixed Deposit 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 intere...

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  • Recurring Deposit- Features & Benefits

    By : Bank of Baroda
    03 Jul, 2019

    Recurring Deposit: Features and Benefits 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 b...

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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

    What are the benefits of recurring deposits? Keywords used: benefits of recurring deposit, recurring deposit benefits to tax A recurring deposit is a type of deposit in which a fixed sum of money is invested on a fixed date every month for a fixed period of time. All ...

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

    By : Bank of Baroda
    03 Jul, 2019

    What is a recurring deposit account? How to open this account Keywords used: how to open RD account, how to open recurring deposit account in bank A recurring deposit account is a type of investment offered by banks in which an amount is invested at fixed intervals fo...

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  • Baroda Tax Saving Term Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Baroda Tax Saving Term Deposit 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&...

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  • 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...

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  • Term Deposit

    By : Bank of Baroda
    03 Jul, 2019

    Term Deposit 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...

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