Securing Your Child’s Future: The Role of Fixed Deposits
Posted on Tuesday, April 30th, 2024 |
Ensuring a bright and secure future for our children is a top priority for parents. While there are numerous avenues to invest in their future, fixed deposits (FDs) emerge as a reliable option offering stability, security, and growth potential. Let’s delve into how FDs can play a pivotal role in securing your child’s future. Financial…
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 moreWhich Deposit Account Has the Highest Interest Rate?
Posted on Friday, October 27th, 2023 |
In today’s dynamic financial landscape, securing your financial future has become more crucial than ever before. Fixed deposits help you achieve this by offering high interest rates and stable returns. IndusInd Bank’s FD schemes offer best-in-class FD interest rates, tax benefits, and flexible interest payment options. Book an FD online with IndusInd Bank in a…
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 moreUnlocking Financial Freedom: Long-term Benefits of Choosing Fixed Deposits
Posted on Tuesday, August 22nd, 2023 |
In the pursuit of financial freedom, making wise investment decisions becomes paramount. Among the myriad options available, Fixed Deposits (FDs) have emerged as a tried-and-true choice, offering stability, security, and attractive long-term benefits. Let’s delve into the reasons why choosing Fixed Deposits can pave the way to financial liberation 1. Reliable Returns Fixed Deposits are…
Read moreAchieve power of stability: 5 Reasons to consider booking a Fixed Deposits
Posted on Tuesday, August 22nd, 2023 |
In a world of constant financial fluctuations, finding stability for your hard-earned money is a priority. While investing in various avenues can yield different returns, there’s one option that has stood the test of time – Fixed Deposits (FDs). Let’s delve into the compelling reasons why considering a Fixed Deposit might be a smart move…
Read moreHow to calculate FD Interest Using Online FD Interest Calculators?
Posted on Thursday, August 17th, 2023 |
In an increasingly dynamic financial landscape, the importance of savings and investments cannot be overstated. These avenues pave the way for financial security and the realization of long-term goals. Among the plethora of investment options available, fixed deposits (FDs) stand out as a secure way to earn guaranteed returns. In this blog, we will explore…
Read morePros & Cons of FD Laddering
Posted on Thursday, July 27th, 2023 |
Fixed deposit laddering is a strategic investment technique that involves dividing your investment into schemes with varying maturities. This is done to improve liquidity and optimise returns at fixed FD interest rates. Apply for FD schemes with varying tenures at IndusInd Bank to optimise FD rates of return. Fixed Deposits (FDs) are by far one…
Read moreWill FD Interest Rates Increase in India 2023?
Posted on Saturday, June 3rd, 2023 |
From April 2022 to March 2023, there has been a tremendous increase in interest rates, which is good news for all individuals looking to invest in FDs this year. Moreover, with the financial landscape getting more competitive, banks might increase the minimum interest rates as well, which means there is no better time to invest…
Read moreIs it bad to have a lot of money in a savings account?
Posted on Thursday, March 23rd, 2023 |
Savings accounts are a popular choice for many individuals who want to keep their money safe while earning some interest. However, is it bad to have a lot of money in a savings account? To answer this, let’s take a closer look at what happens to your money in a savings account. Firstly, it’s important…
Read moreHow to Choose the Best FD Scheme with High Returns
Posted on Sunday, February 13th, 2022 |
If you’re here, you already know the benefits of investing in a fixed deposit – stable, guaranteed returns, minimal risk, and unparalleled safety. Plus, almost all banks now offer FD schemes, providing you with a range of schemes to choose from according to your financial goals. However, such rich variety may also present itself as…
Read moreThe Smart Way to Save: Fixed Deposits
Posted on Saturday, July 11th, 2020 |
Whether you are a salaried professional or self-employed, saving money is crucial for building a financial safety net. While there are several financial instruments available for the purpose – mutual funds, equity, etc. – they typically present high-risk options. Fixed deposits are one of the safest investment avenues with fixed yet guaranteed returns. Here are…
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