2
votes
3answers
535 views

How is interest in my bank account calculated?

I am a software professional. I have one question. How do banks calculate interest on money deposited, if I get, say, 10 % per annum? Say I deposit say RS.1000 on the 1st day of the month; then I ...
5
votes
3answers
182 views

How can a freelancer get a credit card? (India)

I work freelance for clients, in other countries, and paid via Paypal and other methods. When I applied for a credit card in my country, it was rejected. They mention as I don't get a salary and I ...
1
vote
3answers
365 views

Compounding frequency for Recurring Deposit account at ICICI Bank?

Does anyone know the frequency of compounding of a Recurring Deposit account at ICICI Bank? It isn't mentioned anywhere in their website and looks like they are conveniently hiding the fact.