Cumulative Deposit – What Is Cumulative Fixed Deposit
Posted on Friday, February 23rd, 2024 |

A fixed deposit (FD) is a financial tool wherein an individual invests a lump sum amount with a bank or financial institution for a predetermined duration. The rate of interest remains constant throughout the tenure. At the end of the tenure, the total amount the depositor receives is the sum of the principal and the…
Read moreDifferent Types of Fixed Deposits
Posted on Friday, February 23rd, 2024 |

In today’s complex investment landscape, security is paramount. Many seek a safe yet growth-oriented option for their savings. Fixed Deposits (FDs) provide a solution to this dilemma, offering stable returns without market volatility. This blog explores different types of FDs and why FDs are a smart choice for those prioritising security and growth. 8 Types…
Read morePremature Withdrawal of Fixed Deposit: Pros and Cons
Posted on Friday, February 23rd, 2024 |

When you park your money in an interest-bearing fixed deposit (FD)for a specific period, you aim to grow your savings and steadily build a corpus. FDs come in various tenures ranging from 7 days to 10 years and you can lock in your FD for a specific period of your choosing. But suppose you are…
Read moreUnderstanding the Basics of Fixed Deposits
Posted on Wednesday, February 21st, 2024 |

When you think about investing money, wouldn’t it be great to know exactly how much you will get back at maturity or redemption? That’s the power of Fixed Deposits (FDs). The moment you book an FD, your returns are clear from day one. Your hard-earned money stays safe, untouched by market fluctuations or economic certainty. …
Read moreTips for Maximising Returns on Fixed Deposits
Posted on Wednesday, February 14th, 2024 |

A Fixed Deposit (FD) is a financial instrument that promises a secure and predictable return on your investment over a fixed period. This simple offering is available for people of various age groups, locations, life stages, and so on. No more worries about market fluctuations or inflation eroding your money’s value. And that’s not all….
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