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A fixed deposit means that the money cannot be withdrawn before maturity unlike a recurring deposit or a demand deposit. Due to this limitation, some banks offer additional services to FD holders such as loans against FD certificates at competitive interest rates. Banks may offer lesser interest rates under uncertain economic conditions. [1]
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of March 2024, the bank has more than 9 crore customers.
A recurring deposit is a special kind of term deposit in India that is offered by Indian banks and India Post which helps people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits. [1] [2]
It is formed in 2022 as the result of a merger [8] of Shriram City Union Finance [9] [10] and Shriram Capital into Shriram Transport Finance. [11] Shriram Housing Finance is a subsidiary of Shriram Finance and mainly provides home loan services. [12] Shriram Life Insurance is the life insurance arm of the group, and a joint venture between ...
CRIF High Mark's other shareholders include State Bank of India, Punjab National Bank, SIDBI, Edelweiss, Shriram City Union Finance, and Alpha, a microfinance institution consortium. [ 16 ] [ 17 ] Established in 1988 in Bologna (Italy), CRIF is a global company specialising in the development and management of credit reporting, business ...
Sundaram Finance Limited is an Indian financial and investment service provider, based in Chennai. The company offers consumer loans, wealth management , commercial finance , investment banking , private equity , treasury advisory, credit cards and infrastructure finance, among others.
A Post Box of India Post A special stamp released on India Post Payments Bank in 2017. The Postal Index Number (PIN, or sometimes redundantly PIN code) is a six-digit postal code . The PIN system was made by Shriram Bhikaji Velankar when he was at service in Kolkata.
Post Office Money is a financial services brand operated by Post Office Limited which provides credit cards, current accounts, insurance products, mortgages and personal loans to customers in the United Kingdom through Post Office branches, the internet and telephone. [1]