Using the post office FD calculator to calculate returns

Fixed deposit is a safe method of saving and investment commonly used by risk-averse investors. They offer assured returns that can be calculated beforehand. Fixed deposits are offered by banks, non-banking finance companies (NBFC) and the post office at varying rates of interest. The interest on fixed deposits compounds over time, ensuring that investors make good returns. The interest rate provided by the bank or financial institution depends on the prevalent FD interest rates.

Post office fixed deposit interest rates

In the case of the post office fixed deposit, the interest rates are revised by the government at the start of each quarter. This calculation is made based on the yield of government securities. Based on these interest rates, the FD returns can be calculated using a post office fixed deposit calculator. Here are the rates of interest for post office FDs for the second quarter of FY22:

Period Interest rate
1 year 5.5%
2 years 5.5%
3 years 5.5%
5 years 6.7%

Based on these interest rates, investors can calculate the returns they will receive upon maturity with a post office FD calculator. The total maturity amount can be calculated using the equation

A = P (1 + (r/400))^n


A refers to the maturity amount

P is the principal amount

r stands for the interest rate

n is the number of quarters in the period chosen

Consider that the principal amount invested in the fixed deposit is Rs 2,00,000 for three years at an interest rate of 10%. So, A= 200000 x (1+(10/400)^ (4 quarters x 3 years) = Rs.2,68,978. The interest earned over three years when it is compounded quarterly is Rs.68,978.


The interest earned on a post office fixed deposit continues to increase as the number of years for which you have invested in the FD. With a post office time deposit calculator, you can get an estimate of the returns on your FD. A post office fixed deposit is a more attractive option for investors because post offices offer high interest rates.


Divorce in North Carolina: Tips for sorting child custody

To file for divorce in North Carolina, spouses must be living separately and apart for a year. This doesn’t just mean two bedrooms, but two different residences. Also, there is a residency requirement – either of the spouses must be living in the state for at least six months prior to the divorce. Among other things that a couple may have to discuss and agree upon, child custody is the most serious and emotionally-charged one. If you are unsure of how to deal with the circumstances, your best bet is to talk to a Charlotte child custody lawyer. Find an attorney, who can be personally involved with the divorce and custody battle. Here are some tips for sorting child custody with your spouse. 

1. Read up on state laws

If you have hired an attorney, they will advise on basic aspects of divorce in North Carolina and how you should be handling child custody in your case. Every divorce is unique and has its own problems, and the advice is never generic. 

In North Carolina, the court usually encourages the parents to come to a parenting agreement that’s acceptable to both. You will be requested to discuss and sort things with your spouse, so that unnecessary litigation can be avoided. Also, courts in NC encourage equitable sharing, where both parents have a share in upbringing and wellbeing of the minor child. If the court has to decide on child custody, it will always consider the ‘best interests of the child’. 

2. Consider your child’s wellbeing and preferences

The court may not ask a minor child to come to the courtroom, because it puts the child through unwanted stress and trauma. If you are deciding on child custody with your spouse, you have to think of child’s wellbeing and preferences. Age of the child, specific needs, and other family-related aspects have to be considered in depth. The reason why you need a child custody lawyer by your side is to avoid taking haste decisions. When a lawyer is advising a parent, it always comes from a point of experience and concern. 

3. Open up to communication

Even the courts want you to resolve child custody with your spouse amicably. Negotiation and mediation are must for minimizing friction. If you don’t want to talk to your spouse directly, allow your attorney to take things ahead. You are more likely to resolve concerns when your child custody lawyer is talking. 

Check online for best child custody lawyers in Charlotte now!


What Is the Additional Premium on ULIPs?

ULIPs are popularly known amongst investors as a way to create wealth for the future. But what if you could increase your investment returns to earn more? The top-up premium facility enables you to do so with a hassle-free process. Apart from the perks of an increased fund investment, you can avail more benefits with this feature. Here’s everything you need to know about additional premium in ULIP policies known as the top-up facility.

What Is Top-up Facility in ULIP?

The top-up premium facility is a feature available under Unit-Linked Insurance Plans where the policyholder can pay an additional amount over and above the annual premium. Now, you might wonder how does this facility benefit you? On paying a surplus amount to your insurance plan, you can increase your coverage amount or invest it into your ULIP fund.

Many a time our insurance requirements change due to increased responsibilities at home. Thus, if you need higher life cover, the top-up premium facility is the way to go. But in case you want to earn greater returns, you can easily dedicate the extra sum towards your investment fund without a worry. Therefore, you decide the end goal of the top-up premium and plan it to suit your long-term goals.

How Does Additional Premium in ULIP Work?

As the top-up premium is paid over the basic premium amount, this surplus is treated as a single premium that gives you additional coverage. Thus, the minimum sum assured you can gain is 125% of the top-up premium for policyholders up to 45 years of age. For individuals above the age of 45 years, the sum assured is 110% of the single premium. This is how your coverage amount can be increased with the top-up facility.

But in the event where you do not want the sum assured to increase but your fund value, then you can pay 25% of your regular premium. This is the capped limit that you can dedicate to your investment to gain lucrative ULIP returns in 10 years.

Things to Remember About Top-Up Facility

Here are some things you should know about the top-up premium facility before opting for it:

  • You can make a surplus payment only up to a certain limit of the total premium that can be paid every year. Your insurer shall have a minimum top-up premium margin mentioned in the ULIP policy documents.
  • This facility is only available to policyholders who make regular premium payments and don’t miss the due date
  • The top-up premium can be made any time during the policy term with zero restrictions
  • Some insurance providers may not allow top-up premium payment in the last five years of the ULIP tenure. But this may vary from one insurer to another.
  • There are some charges associated with ULIP investment that you must pay such as mortality fees and fund management charges. It is recommended to check such charges beforehand as they may differ from insurer to insurer.

Advantages of Top-Up Facility

  1. Increased returns

By pumping an additional amount into your ULIP investment, you can enable your fund to grow to give better returns. A total of 25% of your base premium can be added to your policy fund. To understand how much you can earn with the plan, check out the ULIP returns calculator now!

  1. Higher coverage

In case you have welcomed a newborn into your family, you would prefer increasing your life cover for more security. With the help of ULIP, you can! The top-up facility enables you to get higher coverage to safeguard your loved ones.

  1. Tax perks

The top-up premium paid can be claimed as a deduction under Section 80C of the Income Tax Act, 1961 just like your regular premium. Thus, you can save on taxes with such a facility as well.

You must have understood ULIP additional premium meaning with the above-mentioned pointers. Therefore, now you can reap the benefits of adding an extra sum to your ULIP policy. Ensure to check the terms and charges of availing such a facility in advance. Plan your insurance returns today to earn a lucrative payout in the future with the ULIP return calculator!


What to Do If Bike Insurance Expires During This Lockdown?

Riding a bike lets you enjoy your commute with the wind in your face. Other than that, it also adds a lot convenience by helping you weave through heavy traffic. This means you save a lot of time while others must wait for it to open.

There is no end to the list of advantages that a bike can offer you. But for all its advantages, there are a lot of dangers to riding a bike as well. Making a single mistake on the road can lead to dire consequences for both the bike and you. The best way to avoid this situation is to drive safe. However, despite all the caution, accidents can happen at times. Hence, the best solution for you is to have bike insurance.

Bike insurance during lockdown

Since more than a year, the country has been under lockdown due to the COVID-19 pandemic. As part of this lockdown, the movement of people across their respective regions. This means that there is little to no reason to drive your vehicle. Due to this, a lot of people of have parked their bikes for the foreseeable future. Hence, it is natural to forget about everything associated with the bike. This includes bike insurance as well. There may be a situation where you forget about your bike and the insurance policy on it. Due to this, you may fail to renew it and it may expire.

What happens when your bike insurance policy expires?

A bike insurance policy expires when you don’t pay the premium in the stipulated time of the coverage. This means making the payment before the last day of coverage. In the case you don’t make it and the coverage expires, the insurance provider will offer you a break-in period of 90 days. This break-in period serves as a chance for you to reinstate your plan. This way, you can restore all the benefits of the policy as they were. But you will not have coverage during the break-in period. If somehow, you miss this time window as well, your policy is terminated.

Upon termination, all types of coverage and benefits of the policy are considered null and void. This implies that you not only have no coverage for own damages to your bike, but also for third-party liabilities. Hence, the next time you get into a situation like accident, theft, vandalism, etc., you will have to cover these expenses out of your own pocket. While there is a lesser chance of accidents during lockdown, but there is no sense of taking the risk of being in this situation with insurance coverage. Moreover, riding a bike without insurance is illegal. Getting caught riding a bike without insurance means you will have to pay a heavy fine.

What can you do if this happens?

Missing the renewal of your bike insurance policy may be a bad thing, but its not a crime. But if you want to ride your bike, you need a two-wheeler insurance policy. So, in the case of your policy expiring, the only thing that makes sense for you to do is to buy a new policy.

Ideally, it would be better if you make the premium payment before your policy is terminated. But missing this opportunity could be a blessing in disguise. This implies that now you can buy a policy with better benefits and coverage options. Hence, as soon as your policy is terminated, you need to start looking for another policy.

The most obvious doubt here is that with everything closed due to COVID-19 lockdown, how do you exactly buy a policy or even look for one. The simple answer is through online mediums. The first step is always comparing polices which can be done through third-party comparison websites. To buy a policy you can go to an insurance provider’s website and make the transaction.


The Types of Construction Projects Involved in Civil Engineering

Buildings, bridges, roads, canals, railways, and runways are all structures in civil engineering that require construction in part or wholesomely. Depending on the nature of the work to be done to raise these structures, there is the involvement of different construction procedures.

The procedures followed, and activities involved help classify the various construction projects that a business can undertake. This article defines the most common construction projects in civil engineering.

Water Engineering Projects

Water engineering requires the comprehension of the nature of water, water bodies, and its transport channels such as rivers and artificial waterways. This knowledge is then used to engineer structures and projects that help put the water into good use or manage the water to accommodate other constructions.

Simply put, a water engineering project manages the interaction between water and its surroundings. These projects range from the dam building, canals construction, sewerage structures laying, and drainage systems development.

Geotechnical Engineering Projects

Geotechnical engineering projects involve the exploration of soil and rocks to understand their interaction with other fields of civil engineering. Geotechnical engineers interact with different grounds, and their knowledge helps define a productive interaction between the earth and a project.

So, as long as a project interacts with the ground at some point (which is typically any construction project), geotechnics and heavy construction equipment will likely be required. Engineers here technically analyse the behaviour of rocks or soils, survey project sites, review construction proposals, and assess ground safety.

Structural Engineering Projects

As the name suggests, structural engineering involves creating the skeleton of structures as an early step of the construction process. Design is the first and essential step during the construction as it creates a blueprint of what to expect when coming up with the infrastructure piece.

Structural engineering projects are based on creating and maintaining high levels of sustainability, reliability, safety while observing a practical economic sense. Aesthetics is also a critical area of focus for structural engineering projects. Typical machinery used in this industry includes excavator hire, crane leasing and various ground equipment such as skid-steer loaders.

Environmental Engineering Projects

These projects revolve around the environment, especially where the environment is already at high risk and requires care to protect its resources. Environmental protection is done by identifying the problems and then coming up with constructive solutions to the issues. Environmental engineering is essential as it streamlines construction projects to ensure they preserve the environment.

Transport Engineering Projects

Transport engineering projects are concerned with the planning, designing, and monitoring the operation of transports systems. They are mostly aimed at creating fast, reliable, economically viable, and safe transport systems. The various transportation modes, including road, air, water, avail opportunities for such projects.

Civil engineers usually structure their creations around the client’s requirements and preferences while implementing a project. Some of the tasks performed in transport engineering projects include analysis of transport system designs and giving recommendations to other engineers.

Construction makes up a big part of civil engineering. It is a critical activity in the majority of the projects in and around civil engineering. This explains why most of the listed projects above require heavy machinery like excavator hire machinery so as to be accomplished.


Leadership Qualities that Separate Good from Great

In this highly competitive environment, everyone is striving for attaining good enough results. To distinguish oneself from good to be the best is what matters. There is a high need of developing those skills that are very much demanded in the industry today. 

The one who seems successful has faced many hard times too. After passing through so much grind, the person has then become capable of leaving exceptional footprints in his domain to be followed by the others. 

Let’s see how a leader could be the best version of himself. Also, consider reading about Charles Field Marsham, he is one of the business leaders and you can get valuable insights from him.

Clarifying the Complex 

As the leader in the role model to his subordinates. His followers need his assistance at any time of the day. The successful leader is the one who breaks tasks into smaller components. Then give himself and his employees the achievable goals within a particular time frame. 

All of the complex sorts of tasks will then be addressed by the leader. He will make the way easy for his employees. So that they can progress by leaps and bounds. Individual success together contributes to achieving the overall goals of an organization. 

Embracing New Thinking 

Just like the outdated and conventional things soon wipe out. Similar is the case of conventional techniques deployed by the leaders and managers. If they do not invest more in creative thinking and innovative products and services, there will be more chances of them vanishing away from the industry. 

New thinking is not just about launching a new product, making another decision, or setting some business goals, rather it is about embracing new thinking while listening to the critics very patiently. It is sometimes the combination of the patient ear and the wide mouths that set a person on the right path while making all the relevant changes. Follow the footprints of Winston Churchill

Balancing Confidence and Humility 

Great leaders should always act confidently while taking humility. When there is a time for making any decision, they should trust their inner judgments for the development of their business. However, the decisions they make must serve their team in the best possible manner. 

Leaders must have to acknowledge their team’s efforts. Otherwise, they will not feel included. They have to face the challenges together. It is not just the job of one person. 

Avoiding Distractions 

There have been many words of mouth that are only meant to distract the focus of the leader. However, a good leader won’t let it happen. He will rather act firmly. He knows that it is better to take measures following what the research says. 

If you want to learn more, I suggest reading about the Field Marsham Foundation

Final Thoughts 

Every leader has some sort of competitive advantage over other leaders in the market. So, acknowledging the strengths and working on the weaknesses is what makes a person better and then the best among all other people of the same industry. 


How Baseball is Getting Popular Worldwide

Now it is a myth that Baseball is one of the leading games in America. Baseball has varying coverage levels and popularity all over the world. While most people associate the sport with the United States, it has pockets of intense popularity in Japan, South Korea, Taiwan, Venezuela, Cuba, the Dominican Republic, and Puerto Rico.

It competes with cricket in some Caribbean countries and soccer in Central and South American countries (with professional leagues in Mexico and Colombia). Professional Baseball is available in Australia, but not in Europe or Africa. The game is played in some large markets, although there are some notable gaps. With that in mind, what does the sport’s future hold? Will you be able to It competes with cricket in some Caribbean countries and soccer in Central and South American countries (with professional leagues in Mexico and Colombia). Professional baseball is available in Australia, but not in Europe or Africa. The game is played in some large markets, although there are some notable gaps. With that in mind, what does the sport’s future hold? Will you be able to

People are familiar with slam dunks and touchdowns, so teach them about 450-foot home runs, diving catches of 100-mph line drives, and strikeouts from perplexing curveballs. It’s a fantastic game of speed, strength, athleticism, and endurance, but non-fans don’t get it and mark it as “soft” or “boring.”

Having said that, the sport is in excellent health in the United States, as well as the East Asian, Caribbean, and other countries listed above, and the quality is decent, if not excellent, in some of these leagues. Children are playing Baseball in parks and on the streets, and they have the ability to participate in youth baseball.

These programs will not be financially rewarding, but they will provide young people with opportunities to play and produce world-class athletes.

It doesn’t take much to have grassroots baseball, as these countries are demonstrating; we see grassroots cricket and rugby in Europe, so why not Baseball?

When we talk about the regular rise of a baseball game, we also talk about baseball bat racks, baseball bat, baseball balls, baseball helmets, and other baseball equipment. The rising of the game also includes the rising of sports equipment, and it is quite accessible in today’s world that the digitalization makes everything accessible just on our fingertip. There are hundreds of options available if you talk about baseball dugout accessories. Many sports equipment provider supplies online and offline. You can tell them your requirement and ask for customize baseball bats and balls, and helmets, and other dugout stuff for your team.


How to Be A Successful Business Leader

A business can never survive without a leader, but it is also true that it can also not survive without a good business leader. The owner of the business may start the business but how it is going to perform solely depends upon his abilities to lead, organize, motivate and inspire his team.

If he lacks any of the features mentioned above, then there is no way that his business is going to succeed. We can take a lot of business leaders like Bardya Ziaian, who is doing a great job of not only maintaining his business but also inspiring his team.

If you are someone who is starting and have no idea if what a business leader should look like, then read the tips below:

Qualities That A Good Business Leader Have

  • Assessment of Yourself

The most important characteristic of a good leader is that he assesses not only others but also himself. At different intervals during his business, he does a self-evaluation to know more about his shortcomings and his strengths. A good leader always examines his vulnerabilities and tries to improve them as much as possible. 

  • Open to Communication

 A good business leader is always open to communication. He knows that if he wants his team to work well or he wants his business to be unique and with new ideas, then he needs to communicate with his employees. A diligent leader like Bardya Ziaian Toronto always listens to his employees, whether it is about the new ideas or their problems, because he knows his business cannot flourish if his workers are not fine.

  • Open to Risk-Taking

Sometimes being a business owner, you have to make some really risky decisions. But again, if you are not open to risks, how are you going to know if it is right or wrong? A good leader is always open to risk-taking, and his curiosity always makes him do things uniquely.

Tips to Become A Successful Business Leader

  • Understand Others Talent

Everyone works differently and has different ways of thinking. You can instill your idea in them but what they think of your ideas is different. And that is the case with the business teams. You will have a different type of people in your team—all having different points of view and talents. Instead of making them like yourself, try to understand their talents and then plan out what talent is best for what department. In this way, you are using the person at the right place. 

  • Consider Other People

Yep, a good business leader never dumps heaps of work on his employees. Instead, he works the same amount of work more than his employees. You might be the leader of the company, but still, that does not make you God. You need to consider what others think and give them work according to their ability and tolerance. If you start to treat your employees unfairly and instill fear in them, you are never going to be a good business leader in their view.

  • Open to New Suggestion

A successful leader is always open to new suggestions. Take the example of Bill Gates. How he made a billion-dollar business empire. Because he listens to his workers and considers their suggestions and ideas. In this way, a lot of ideas come together and merge to make a new and unique idea, which is fruitful for your business.

  • Be Open to Learn New Things

The learning process of human beings never ends. Every day we learn something new. The same goes for a good leader. He always tries to learn new things and tries to keep his knowledge up to date. In this way, he can use his new knowledge for his business.


A business can only flourish if it is in the ownership of the person who has the capability of leading it and maintaining it. Instill these qualities in yourself and see your business reaching new heights


5 Things You’ll Need to Attract Angel Investors for Your Startup

Do you know what it takes to succeed a startup owner? If you think that all you need is a great idea and a handful of people to sell it to, you have a lot to learn about business. You are going to need a lot more. For starters, you’re going to need cash. One source of that cash is the angel investor.

Angel investors are those who put money into startups at their earliest stages. Some are willing to invest and stay in the background. Others want an active voice in determining the course of the company moving forward. At any rate, you also need more than just a great idea to attract them.

Know that angel investors will do their due diligence before putting money into any project. Sometimes they go so far as to order startup valuation reports from a company like Springville, Utah’s Mezy, Inc. If you want to convince these investors to get on board, you will need at least five things.

1. A Solid Business Model

The Investopedia website defines business model as “a company’s plan for making a profit.” A good plan starts with the products or services a company offers. It goes on to account for a full range of factors including expenses, targeted markets, staffing, and so forth.

You have probably heard the old adage that says failing to plan is planning to fail. It rings true to angel investors. Without a solid business model in place, they are more likely to suspect a startup will fail. They will not invest in such a venture.

2. A Solid Management Team

Angel investors look closely at management teams inasmuch as they are the people who will be primarily responsible for day-to-day success. Successful days are like pennies. They add up. Thus, investors want to know that a startup’s management team is more than capable of handling day-to-day operations. At the same time, they want management teams with a forward-thinking attitude.

3. Existing Momentum

It is one thing to pitch a good idea. It’s another thing to already have momentum behind that idea. That’s where startup valuation reports come in handy. A good report shows that a startup is already moving. It shows that products are being made or services are being offered. Most important, it shows that owners already have skin in the game. This is important to investors.

4. Good Numbers

Startups with momentum already behind them can demonstrate current success through their numbers. In light of that, angel investors look for good numbers based on demonstrable evidence. They want to see a startup is heading in the right direction.

For the record, good numbers do not always translate to profit. In fact, it’s not uncommon for startups to go a year or more without making money. No, good numbers show reasonable losses commensurate with the amount of financial investment required to get a company off the ground. Good numbers also show continual movement toward eventual profit.

5. Good Timing

Finally, timing plays a bigger role in entrepreneurial success than most people realize. An entrepreneur might have an excellent idea whose time has not yet come. Likewise, the time for another idea may already be long passed. Angel investors look at timing as much as business model, solid management, or any of the other factors discussed in this post.

If you are looking to attract investors for your startup, don’t think that a good idea is all you need. You need all five things discussed here. They are the bare minimum for selling investors on your new venture.


These Are The 4 Books About Entrepreneurship That You Must Read This Year

 With the trend of entrepreneurship on the rise, it is no surprise that more and more people are dipping their toe in the world of businesses. Be it startups, freelancers, or various “side hustles,” – these books are all you need to make it big in the business world. 

Success is just a few books away, and with Amazon coupons from ShopCash, you can have these bestsellers at a steal. Fill up your cart today!

The Lean Startup-Eric Ries

Strategies are critical for an entrepreneur’s success. One cannot play with anything by trial and error and must make every step with a strategy. The book Lean Startup by Eric Ries is ideal for grasping the fundamentals of strategy. The author walks future founders through his proposed lean startup approach and assists them in avoiding time waste by recommending best practices—a must-have for all budding entrepreneurs. 

Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter

When you are younger, your financial experience might not be as advanced as that of your older competitors, putting you at a disadvantage. Robert Kiyosaki’s book lays down everything you need to read about financial education. The book will shed light on the 9-5 career and the rat race that leaves you stuck in a job you despise to pay off your debts. With just one copy off Amazon, you can be set up for long-term success in all your entrepreneurial ventures. 

The $100 Startup by Chris Guillebeau

If the idea of not getting the necessary skills or resources to start a company has crossed your mind as an ambitious entrepreneur, then this book is for you. In this novel, the author focuses on fifty people who developed businesses that earned $50,000 or more from a small investment (often $100 or less). All of these individuals lacked extraordinary abilities, but they found their personal interests and pursued them.

Rich Woman by Kim Kiyosaki

Kim Kiyosaki accepts the responsibility of informing women worldwide about the power of money and how they, too, can get a piece of it. She encourages women to think about their money and not to have to depend on men for the remainder of their lives. She teaches women of all ages how to make a budget, invest in real estate, stocks, or companies, and how to put their financial skills to good use. It’s a must-have guide from a female-centric outlook and easily around on Amazon.