Monthly Interest Rates for ₹ 50 lakh Fixed Deposit
Posted on Monday, November 25th, 2024 |

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…
Read moreWhy Fixed Deposits are the Ideal Savings Tool for Women?
Posted on Monday, November 25th, 2024 |

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…
Read moreWhat is a Non-Callable Fixed Deposit?
Posted on Friday, November 22nd, 2024 |

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…
Read moreFixed Deposit Interest Calculation – Simple vs Compound Interest
Posted on Friday, November 22nd, 2024 |

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…
Read moreTips for Optimising Fixed Deposit Investment Using a Calculator
Posted on Tuesday, November 19th, 2024 |

As any investment expert would recommend, diversifying your investment portfolio is always a good idea. Along with high-risk instruments (if and when they fit your risk appetite), one should always have low-risk investments to hedge their portfolio risk. Fixed Deposits (FDs) have long been a preferred choice for individuals looking for low-risk instruments. If you…
Read more