The Impact of Inflation on Fixed Deposits
Posted on Friday, February 2nd, 2024 |

Inflation is an inevitable reality, reflecting the gradual increase in prices over time. In 2023, this trend was evident in India, where the inflation rate fluctuated around 5.5%. This increase affects various aspects of life, such as daily expenses, housing costs, education fees, healthcare, and travel. In this mix of impacts, investments such as fixed…
Read moreSmart Ways to Diversify your Portfolio with Fixed Deposits
Posted on Wednesday, January 31st, 2024 |

Who doesn’t wish to grow their money with minimal risks? Everyone appreciates those extra gains. However, each investment carries some risks. While the expectations of high returns often come with the risk of equally high losses, there is an investment option that promises stability and predictability: fixed deposits. Fixed deposits let you invest your funds…
Read moreSenior citizens and fixed deposits: Benefits and considerations
Posted on Wednesday, January 31st, 2024 |

For senior citizens who have spent a lifetime working hard, saving, budgeting, and investing, it’s now time for relaxation. However, relaxing doesn’t mean leaving your hard-earned money untouched or sitting idle. It’s about finding the right balance between earning returns and ensuring the security of your funds. After all, as you approach a peaceful retirement,…
Read moreFixed deposit myths debunked: What you need to know
Posted on Wednesday, January 31st, 2024 |

Fixed Deposits(FDs) are an essential part of a smart savings strategy. They earn interest while keeping your savings secure and protect your hard-earned money from unnecessary withdrawals, market risks, and impulsive spending. Fixed deposits are known for their lower risk, simplicity, and assurance. But common myths relating to this instrument tend to hold some individuals…
Read moreFixed Deposit Interest Rates and Financial Planning: Crafting a Well-Balanced Portfolio
Posted on Friday, December 29th, 2023 |

In the ever-evolving realm of finance, constructing a robust financial plan that prioritizes stability, growth, and security is paramount. Among the myriad investment options, Fixed Deposits (FDs) have proven to be a steadfast choice for risk-averse investors. This article explores the significance of Fixed Deposit interest rates in financial planning and their integral role in…
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