Apply for a Fixed Deposit Online: Streamlining the Process
Posted on Tuesday, February 13th, 2024 |

Fixed Deposits (FDs) are a secure way to grow your money with assured returns. Unlike market-linked investments, the appeal of an FD lies in its predictable growth. You know exactly how much you will receive at maturity. Such assurance makes FDs preferred by many, especially those who want to avoid risks. However, it was not…
Read moreDecoding Financial Institutions’ Credit Ratings & Its Role in Fixed Deposit Investments
Posted on Tuesday, February 13th, 2024 |

When it comes to saving money, many in India turn to fixed deposits for their predictability and safety. The Reserve Bank of India’s 2023 report highlights an impressive ₹10.27 trillion committed to bank deposits. This figure speaks volumes about the trust Indians place in FDs. An FD typically offers risk-free returns as it remains unaffected…
Read moreA Guide to FD Premature Withdrawal and Impact on FD Returns
Posted on Monday, February 12th, 2024 |

Fixed Deposits (FDs) are one of the most popular investment options in India, known for their stability and guaranteed returns. Essentially, an FD is a financial instrument offered by banks and financial institutions where you deposit a lump sum amount for a fixed period at a predetermined interest rate. This tenure can vary from a…
Read moreTax Planning with Fixed Deposits: A Comprehensive Guide
Posted on Friday, February 2nd, 2024 |

Saving taxes is an important part of effective financial planning. Tax-saver fixed deposits allow investors to earn steady returns while reducing their tax liability. Optimizing available deductions can meaningfully boost overall returns. Read on to learn more about tax-saver fixed deposit interest rates and how they help save taxes. What is a Tax Saver Fixed…
Read moreRisk and returns: A Comparative Analysis of FDs and RDs
Posted on Friday, February 2nd, 2024 |

Fixed deposits and recurring deposits are among the popular options for earning steady returns with low risks. Both these options are preferred by conservative investors who wish to park their savings in secure instruments. While fixed deposits provide lump sum returns at maturity, recurring deposits facilitate monthly savings and returns. This article will analyze and…
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