Monthly Interest Rates for ₹ 15 lakh Fixed Deposit

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If you are planning to invest ₹ 15 lakh, consider opting for a fixed deposit (FD). It can offer the dual benefit of securely growing your funds while also providing monthly interest payouts. Whether your plan is to save for a future goal or seek a regular source of income, understanding how to calculate the…

Monthly Interest Rates for ₹ 50 lakh Fixed Deposit

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If you are seeking a safe, low-risk investment option for a large amount, such as ₹ 50 lakhs, then a fixed deposit (FD) can be the right option. It can help you grow your wealth while ensuring the safety of your principal amount.   The interest you earn on a ₹ 50 lakh fixed deposit can be…

Why Fixed Deposits are the Ideal Savings Tool for Women?

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Fixed Deposits (FDs) are a reliable savings tool that offer guaranteed returns and safety from market risks. They provide flexibility in tenure, making them ideal for both short- and long-term financial goals.  For women, FDs can be especially useful in achieving financial security, offering peace of mind while planning for future expenses or retirement. With…

What is a Non-Callable Fixed Deposit?

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Do you want to invest in a fixed deposit but are worried about withdrawing it before maturity? A non-callable fixed deposit may be the correct option for you. But what exactly is it, and why must you consider it?  In simple words, a non-callable deposit is a kind of fixed deposit where the investor is…

Fixed Deposit Interest Calculation – Simple vs Compound Interest

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Investing your hard-earned money in the right investment avenue is crucial for financial growth, and Fixed Deposits (FDs) have long been a popular choice for several types of investors.   When you invest in an FD, your money earns a fixed amount of interest over a specified tenure. Banks calculate the interest on your FD in…