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5 reasons why FD is your best savings vehicle!

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FD is your best savings vehicle

You may be popping up this question – why to opt for a fixed deposit scheme when there are numerous investment schemes available in the market these days, right?

The answer to the question is that as compared to other market-based investment programs such as mutual funds, equities, stocks and more, the interest profits of a fixed deposit plan is fixed.

It means that no matter how the situation of the market is, your interest ROI is sure-shot and you won’t hit loss.

Thus, if you are looking for an investment-cum-saving plan to give you guaranteed returns, you can blindly opt for an FD scheme.

In the same context, let’s provide you some reasons that make a FD (Fixed Deposit) scheme your best savings vehicle.

  • A higher return at a lower risk

When you invest in an FD scheme, you not only get to avail a higher return but also avail it at a lower risk. As the profit of the fixed deposit is not affected by market conditions, you stand to gain a higher return at a lower risk.

  • Senior citizens get more profits

If you are a senior citizen and looking to invest your savings in a fixed deposit plan, you can gain to avail the highest FD interest rates returns. Being a senior citizen pays you and lets you pocket an extra 0.35% profits which are actually 8.20%. Leading online lenders or service providers will have you get a fixed 8.20% FD interest rate on your investments.

  • You don’t have to put in a high amount

A fixed deposit account with an online lender won’t demand a higher amount to keep. You can begin investing in an FD account with as little as Rs.25,000 only. What’s more, you also get to choose a flexible tenor varying between 12 months to 60 months. However, the concept is simple to understand – the higher the tenor you opt, the higher your investment profits.

  • You stand to gain higher stability of investment

The fixed deposit schemes which you activate for savings or investment purpose have the higher stability of investment. It is because the fixed deposit programs of online leading are safe and have the ratings of CRISIL’s FAAA and ICRA’s MAAA. It means that your fixed deposit investment is absolutely safe and won’t suffer any loss no matter what the market condition is.

  • Provides you loan facility in need

An FD account also lets you avail a loan facility against your FD balance. Hence, you don’t have to break your FD prematurely and suffer your profits loss and also serve a penalty.

The Bottom Line

What are you still waiting? You can easily apply for an online fixed deposit account with a leading online lender, and be sure to earn huge profits as the year roll. All the best!

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Business

How can 3pl Logistics Services improve a Customer Service?

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3pl Logistics Services

3PL- in simple words means third-party logistics. So basically it implies that one intermediate company or service provider that works in between the manufacturer and the consumer, performs the tasks of transportation and warehousing is known as a 3pl logistics company. It transports the goods and products from the manufacturer at a meager price, and hence reduces the cost of moving the final product to the ultimate consumer.

It is a better option to employ the ones who are already in this specific business. People who are in this specific business know all the necessary things involved in the process of moving the goods, and they know how to deal without incurring huge losses. If a company itself tries to arrange the transportation facilities, it can cost them a fortune in doing the same by using their own resources.

The benefits of hiring the services of a third company are many, and you should know the advantages which can help you become a better company by using the minimal resources and spending the least amount of money. It also ensures greater customer satisfaction, in different aspects.

Focus on what’s important

Firstly, the significant thing is it allows the company to focus on its prime objective of manufacturing and forget about the transportation. You and your staff members won’t have worry about transporting the material if you have opted for 3pl.You can use the same time in producing quality products.

Warehousing

These service providers also have warehousing facilities, which makes it quite efficient in terms of inventory management. They supply it to the store as and when needed and till then stores the excess of products with them, without causing any degradation in the quality. It eliminates your headache of renting a warehouse and charges you as per the space you use which is comparatively lesser than the rent of the entire warehouse.

Extra services 

You have the option of providing the services which your customers wish for. If any of your customers have opted for one-day delivery, you can just instruct the logistics company to do it for you. The cost of it may vary on the distance which has to be covered in one day. You can explore the various options which the company is willing to provide.

Tracking and information 

A professional logistics company also gives the advantage of tracking your shipment. The consumer can know where his product has reached by checking the real-time location and progress in the movement. The real-time information of the product satisfies the customer as they will know when it may arrive and hence will be able to receive. It is very convenient than the local transportation services which don’t have any such additional features.

Handling and care 

The handling of the product is the top priority for 3pl logistics service, as they have professional workers doing the work. As compared to any transporting company who just want to get over with the job, these companies provide the best of services by taking care of it as their own product. Hence they are preferred more by the manufacturers so that they don’t have to incur any losses due to negligence.

It is due to these reasons that the companies preferably choose 3pl logistics company. It enhances the quality of services to customers, hence building up a better relationship between the two parties. If you are in a manufacturing business then rather than selecting just any transporting company which just picks up the goods and deliver it, you should consider these third parties logistic companies. The added advantages with lesser cost make it much more popular among the manufacturers.

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Business

First-Time Property Buying Tips You Must Know

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Property Buying Tips

So, you have made up your mind it’s time to get your own nameplate at the entrance. Whether it’s because the news of the arrival of a new member or you want to turn your monthly rent into EMI, buying a new house is bound to bring about stability in your life. Own roofing gives you the confidence that you have done something good for your family via your hard work. However, first-time property buying experience is a nerve cracking with a lot of things to mull over. Here if you hire one of the trusted estate agents Romford, then you can significantly shrug off some sort of burden from your shoulder.

  1. Don’t Rush Things

Yes, there may be priorities at stake, but the most crucial thing a first-time buyer needs to adhere is that he/she should not rush things. Take your time to explore different localities and the property options there. Seek the advice of estate agents Romford on the location to consider based on your table. With buy a property being a once in a lifetime investment, do it wisely.

  1. Shop Around for Mortgages

The best way to get the best mortgage deal to fund your first house is to shop around. In this age of the Internet, you don’t have to step out of your house for this, you can do it ease from the comfort of your home. Compare multiple mortgage packages to pick the right one.

  1. Home Inspection

Pay great emphasis to the home inspection, it’s not just an obligatory task included in the home buying process. Instead, a thorough home inspection by a professional will help you hit upon the possible weak links of the property. They will help you know the probable expenses to incur before the move-in, such as the roofing is deteriorated.

  1. Get A Second or Third Opinion

While, impulsive buying is good for fashion, but not a great idea when investing in a property. Don’t fall prey for the interiors of the house, the estate agents Romford opinion is quite handy, as they understand the market and how it will shape in the coming years. They will look in several factors such as the public transport facility in your proposed locality.

  1. The Paper Works

The amount of documentation associated with buying a new property is a big hassle. But, buy if you have hired an estate agent to do that, then you can breathe a big sigh of relief.

The above first-time property buying tips are following. But, it is even more important to get by your side someone who has years of experience in real estate along with the market knowledge to guide you with your property buying venture.

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Business

The Worrying Rise in Truck Accidents Should Be a Concern

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Truck Accidents Should Be a Concern

Truck accidents are becoming more and more common place in the United States. In a recent report published by the Federal Motor Carrier Safety Administration, Texas is the US state that has the highest rate of fatal truck accidents in the whole country. The numbers make for some very distressing reading, as there were 484 fatalities because of crashes involving big trucks last year. This is significantly higher than the number of deaths in California because of lorry crashes, where they recorded 293 such incidents.

Texas is a large state with interstate highways covering around 3200 miles, which subsequently means that the number of trucks that pass through Texas is quite high. Houston 18 wheeler accident lawyer, Greg Baumgartner, says that the these accidents involving big lorries usually result in fatalities.

If an 18-wheeler lorry is involved in an accident, there is a high potential for injuries and fatalities if because of the size and weight of these vehicles. If a truck is involved in a crash with a much smaller SUV or a car, these usually result in deadly incidents. A regular passenger car weighs approximately 5000 pounds, while a lorry fully loaded weighs around 80,000 pounds.

Trucks also have a much longer stopping distance due to their large size, which also increases the risk of accidents occurring.

The Texas state monitor has the responsibility of regulating and reviewing commercial drivers and the trucking companies to ensure they are following the rules. The department of transportation also works to control them via the Federal Motor Carrier Safety Administration.

Texas is a large state with interstate highways covering around 3200 miles, which subsequently means that the number of trucks that pass through Texas is quite high. Houston 18 wheeler accident lawyer, Greg Baumgartner, says that the these accidents involving big lorries usually result in fatalities.

If an 18-wheeler lorry is involved in an accident, there is a high potential for injuries and fatalities if because of the size and weight of these vehicles. If a truck is involved in a crash with a much smaller SUV or a car, these usually result in deadly incidents. A regular passenger car weighs approximately 5000 pounds, while a lorry fully loaded weighs around 80,000 pounds.

Trucks also have a much longer stopping distance due to their large size, which also increases the risk of accidents occurring.

The Texas state monitor has the responsibility of regulating and reviewing commercial drivers and the trucking companies to ensure they are following the rules. The department of transportation also works to control them via the Federal Motor Carrier Safety Administration.

What Truck Drivers Are Expected to Do

Each driver must take measures to properly maintain the condition of their trucks. It is important that they submit a comprehensive daily report about any major or minor defects about their truck and draw attention to any repairs that need done. It is important that drivers should not exceed their working hours. Each driver has limited driving hours per day, and the driver would be in serious trouble if they knowingly exceeded their working hours for the day and they were subsequently involved in a fatal accident.

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