The Public Provident Fund is a government-backed savings scheme that offers a guaranteed return. With an annualised interest ...

Public Provident Fund is open to all Indian individuals, including those who are employed or self-employed. Parents or ...

A SIP, or Systematic Investment Plan, is a way to invest a fixed amount regularly in mutual funds, helping you build wealth ...

Interest is calculated based on the amount you owe — the principal — each month. With each monthly payment, you spend less on interest and more toward the principal until the loan is paid in full.

Karan will have to pay a monthly EMI of Rs. 8,884.88. The above table shows how, during the initial months, the interest component is higher, and the principal component is lower.

When you take a personal loan to manage an unexpected expense—whether it’s a medical bill, wedding cost, or home ...

Bank of Baroda has further reduced its home loan interest rates to 7.45% per annum, waiving processing fees, following the ...

Bucket 2: Fixed Deposits: Keep next 4 years expenses in FDs that will earn same as rate of inflation i.e. 6%. Ensure you have ...

These 5 ChatGPT prompts can help you turn skills into income, validate your ideas, and launch a $1,000/month side hustle—even ...

Using a mutual fund calculator, the total amount invested over five years would be Rs. 6 lakh. The projected corpus at the end of five years could be approximately Rs. 8.24 lakh, reflecting gains of ...