Sentences with phrase «accumulated interest on the deposit»
In case the accumulated interest on the deposit amount is above Rupees 10,000 per year, tax is deducted at source.
https://www.policybazaar.com/ Not exact matches
Compound interest is calculated not on your initial deposit, but on your accumulated value.
So, with each month, your account earns interest on your principle (your deposit) and on the interest accumulating in the account.
Keep the dividends on deposit with your insurance company where they will steadily earn and accumulate interest.
Once the policy period expires, the deposit and the interest that has accumulated on it can be used to pay for another policy period or to even get an ordinary life insurance policy.
When a home buyer deposits money in trust through a real estate broker, the interest that's earned on the deposit is accumulated and forwarded to the Foundation for reinvestment in Alberta's communities.