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FCNR term deposit is very hot at the moment. As I said in my last post it Right time to invest in FCNR deposit , it's the perfect time to get much better interest rates on foreign currency in India than abroad. If you consider USD interest rates, then Indian banks are offering up to 5.53% interest rates for five years deposit , this looks awesome. Read more »

If you are eligible to open Sukanya Samriddhi Yojna account , as per eligibility criterion showed here and decided to open a sukanya samriddhi account then, accept my congratulations. It's a great decision to secure future of your daughter. Now, coming back to formalities, in general, you will need following documents to open an SSY account: Read more »