5-Year Fixed Deposit Rates for Senior Citizens
Posted on Monday, January 27th, 2025 |

When it comes to investment options for senior citizens, it is important to prioritise the safety and security of the funds. Another important criterion is the investment tenure. A 5-year fixed deposit (FD) for senior citizens is a popular option that meets both aspects. As some might know, FDs come with special interest rates for…
Read moreStrategies for Maximising Your Investments with a Fixed Deposit Calculator
Posted on Monday, January 27th, 2025 |

Fixed Deposits (FDs) are favoured by millions of investors for their predictable returns, low risk, flexible tenure options, easy liquidity, and tax-saving opportunities. These features make FDs highly attractive for investors who want to earn good returns without getting any exposure to market volatility. Moreover, the Deposit Insurance and Credit Guarantee Corporation (DICGC) insures deposits…
Read moreThe Importance of KYC for Fixed Deposits
Posted on Monday, January 27th, 2025 |

If you have opened any kind of account in a bank or availed of financial services, you will have gone through a ‘KYC’ process. KYC, or Know Your Customer, is a process that banks (and other financial institutions) follow to verify the identity of their customers. KYC is mandatory for opening any bank account, including…
Read moreFixed Deposit for Joint Account Holders
Posted on Monday, January 27th, 2025 |

Fixed deposits (FDs) have always stood out as a reliable and secure investment option. They provide guaranteed returns, which makes them an attractive choice for individuals looking to grow their savings over time. But, what happens when two or more people wish to invest jointly? Enter the concept of fixed deposits for joint account holders….
Read moreDocuments Required for Fixed Deposit?
Posted on Monday, January 27th, 2025 |

If you are planning to open a fixed deposit (FD), you might be wondering what documents you will be requiring. Thanks to digital banking and Know Your Customer (KYC) guidelines, it has become easier than ever to access banking services. So, for a fixed deposit, you will need a few documents only which you can…
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