Optimizing Returns with Fixed Deposits: A Strategic Investment Approach
Posted on Friday, December 29th, 2023 |

In the dynamic landscape of today’s financial world, selecting the right investment avenue to foster savings growth is paramount. Fixed Deposits (FDs) have consistently been the choice of risk-averse investors seeking stability and reliable returns. This article explores the art of maximizing returns on Fixed Deposits, offering insights to help you optimize your hard-earned money….
Read moreHow Does the FD Minimum Period Differ Across Various FD Types?
Posted on Saturday, October 28th, 2023 |

The minimum periods and FD interest rates vary based on the specific FD type and terms provided by the bank or financial institution. According to data from the RBI, there are 24.23 million FDs in India, valued at more than INR 103 trillion. This exceeds the total amount of INR 59.7 trillion held in savings…
Read moreFixed Deposit Calculators: Convenience at Your Fingertips
Posted on Thursday, October 26th, 2023 |

Online fixed deposit calculators are an excellent tool for financial planning. They help you calculate your potential FD returns instantly, offering benefits such as accuracy, efficiency, and improved decision-making. All you need to do is enter the principal amount, interest rate, and desired tenure to determine your fixed deposit returns. Fixed deposits (FDs) have long…
Read moreWhat Factors Does a Bank Consider When Fixing FD Interest Rates?
Posted on Thursday, September 28th, 2023 |

Fixed Deposits (FDs) are popular with individuals seeking a secure and steady way to grow their savings. To fix fixed deposit interest rates, banks consider a multitude of factors – repo rate, liquidity needs, maturity, and investment tenure. IndusInd Bank’s commitment to providing competitive FD interest rates, along with flexible investment choices, gives customers the…
Read moreIs It a Good Time to Invest in Fixed Deposits In 2023
Posted on Thursday, September 14th, 2023 |

Summary: From guaranteed yields and flexible tenure to easy reinvestment, fixed deposits offer a range of benefits that make them the best investment avenue in 2023. Investing your hard-earned money involves a systematic approach where you must strategise your investments, and make crucial decisions at key stages. In 2023, since the global economy is still…
Read more