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Fixed deposits are a safe way of investing money. They give you a decent returns of around 8% per annum and also your money is fully safe. The central bank of every nation is responsible for the money you deposit in any bank and hence it is a sound means of investment.
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What is a fixed return?
Fixed return means - The returns on our investment are fixed and will not fluctuate. For example, the returns on bank time deposits (fixed deposits) are fixed and will not fluctuate.
Who are the targeted customer for fixed deposit in India?
WHO ARE THE MAJOR TARGET MARKET FOR FIXED DEPOSITS WHO ARE THE MAJOR TARGET MARKET FOR FIXED DEPOSITS Identify the major target market of fixed deposit
What is the percentage of retained earnings companies usually keep in their coffers?
It depends on situation as well as company policies, if company has good investing opportunity available it may opt for no dividend and if no opportunity available it may go for full distribution as well company can opt for fixed percentage or fixed amount of dividend distribution.
Characteristics of fixed deposits?
zukisani75
How do you make entries regarding Fixed deposits i n tally 7.2?
How do you make entries regarding Fixed deposits i n tallyRead more: How_do_you_make_entries_regarding_Fixed_deposits_i_n_tally_7.2
What are the different types of fixed deposits?
Fixed deposits come in various types to cater to diverse financial needs: Regular Fixed Deposits: Standard fixed-term deposits with a predetermined interest rate. Senior Citizen Fixed Deposits: Tailored for elderly individuals, offering higher interest rates. Tax-Saving Fixed Deposits: Provide tax benefits under Section 80C of the Income Tax Act. Cumulative Fixed Deposits: Interest is compounded and paid along with the principal at maturity. Non-Cumulative Fixed Deposits: Interest is paid at regular intervals, providing a steady income stream. Special Fixed Deposits: Customized options with unique terms and conditions, often offered by specific banks. Each type serves specific financial objectives, allowing investors to choose based on their preferences and requirements. Shriram Finance offering flexible tenures and returns of up to 9.20%* p.a. (Including 0.50%* p.a. for Senior Citizens and 0.10%* p.a. for Women)
What is Accounting entry of interest on fixed deposits?
fixed deposit A/c dr. to int on fixed deposit
Are fixed deposits placed with banks categorised as fixed or current assets?
Fixed deposits placed with banks are considered as current assets. Current assets are always assets that can be liquidated within 1 year. Fixed deposits can be withdrawn at any time, eventhough their placement periods can be longer than a year.
Is fixed deposits is an asset or liabilities?
Liability
What are the types of deposits available in Dubai?
Deposits in Dubai are almost similar to what you can avail in countries across Asia. Fixed deposits, call deposits, recurring deposits and flexible deposits are some of the common types of deposits available in Dubai.
What are the various types of deposits in a private and nationalized bank?
* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits
How do companies get customers to opt in to email promotions?
It is important for companies to get customers to opt in to email promotions, to avoid allegations of sending spam email. This can be achieved in a number of ways, including the renting of opt-in lists of customers who have agreed to be sent email.
