Partially Withdraw Funds from a Fixed Deposit
Posted on Thursday, October 10th, 2024 |

A fixed deposit is a secure way to save money, offering a fixed interest rate over a specified period. At maturity, you receive the principal and the accrued interest. It is also possible to withdraw your funds early. However, partial withdrawals are usually restricted to tax savers or non-withdrawable fixed deposits. They typically have a…
Read moreHow to Download Fixed Deposit Receipt
Posted on Thursday, October 10th, 2024 |

When you book a fixed deposit, the financial institution provides a Fixed Deposit Receipt (FDR) or acknowledgement. This document acts as proof of your investment. However, if you have misplaced or forgot to collect your FDR, you might wonder how to obtain it again. This blog will address this common concern and explain the steps…
Read moreELSS vs Fixed Deposit (FD): What to Choose?
Posted on Thursday, September 26th, 2024 |

Confused between the Equity Linked Savings Scheme (ELSS) and Fixed Deposits (FDs)? Choosing the right investment can be a difficult task, especially when you are weighing options like ELSS, with its higher growth potential and tax benefits, against the safety and predictability of FDs. This choice is critical, as it impacts both your financial strategy…
Read moreFixed Deposit (FD) vs Gold: Key Differences
Posted on Thursday, September 26th, 2024 |

Many investors might often face the predicament of whether to opt for a fixed deposit or invest in gold, given their popularity for being comparatively safer than other market-linked instruments and for generating satisfactory returns. Fixed deposits offer a guaranteed and stable return on investment with minimal risk, making them best for conservative investors. In…
Read moreHow Much You Can Earn Through FD Monthly Interest
Posted on Thursday, September 26th, 2024 |

You may already be familiar with the advantages of fixed deposits, such as risk-free returns, loan facilities, Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance coverage, and tax benefits. But did you know that you can opt for monthly interest payouts as well? IndusInd Bank Fixed Deposits offer this feature along with competitive interest rates,…
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