Category: Banking

What is Fixed Interest Rate

A fixed interest rate loan is one in which the level repayments is fixed for the lifetime of the loan. The majority of personal loans...

What are Banks

Banks are the most fundamental of all financial institutions, providing most of the core financial services needed by individuals and companies alike. At root, they...

What is Direct Deposit

Direct deposit is a method by which one person or company can place funds directly into the bank account of another. Normally, the person wishing...

Certificate of Deposit

Certificate of Deposit is a instrument by which banks and financial institutions deposit customer`s money with some yield fixed in advance. It is also available...