Finance Guides

Understand what an exchange rate actually is, why the rate you receive is never the pure market rate, and how to compare conversion costs across providers.

Understand the simple interest formula, how it differs from compound interest, and where it is still commonly used.

Understand the two common ways loan interest is calculated — reducing balance and flat rate — and why the same quoted rate can mean very different costs.

Understand how compound interest actually works, the formula behind it, and why it grows faster than simple interest over time.

Learn how loan EMIs are calculated, what determines your monthly payment, and how principal and interest split changes over the loan term.

Understand the Public Provident Fund — a long-term, government-backed savings scheme — including its lock-in period, interest, and withdrawal rules.

Compare Fixed Deposits and Recurring Deposits — how each works, how interest is calculated, and which suits a lump sum versus a monthly saving habit.