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Press ReleaseUnderstanding How Inflation Affects the Real Returns on Fixed Deposits
Posted on Sunday, April 14th, 2024 |
A high inflation rate can significantly affect the real returns on a fixed deposit as the real value of investment decreases over time. As a result, investors need to consider the impact of inflation on an FD before making an investment decision. Investors can opt for cumulative FDs with high interest rates and tax-saving benefits…
Read moreRecent Changes in Tax Rules Affecting Fixed Deposits
Posted on Friday, April 12th, 2024 |
Fixed deposits are popular for stable returns and their tax-saving benefits. As per the interim budget 2024, there has been no change in the tax deduction limit under sec. 80C of the ITA, and investors can continue to enjoy tax benefits of up to INR 1.5 lakhs on their tax saver FDs. Moreover, the recent…
Read moreIs It Good to Invest In FD?
Posted on Tuesday, June 13th, 2023 |
A Fixed Deposit account provides a secure and reliable way to grow wealth, with a fixed interest rate free from market fluctuations. Invest in an IndusInd Bank FD for a stable financial future. Investing your money in the right place can be somewhat tricky due to the easy availability of a vast array of investment…
Read more7 Reasons to Invest in Fixed Deposits
Posted on Friday, June 9th, 2023 |
Fixed deposits (FDs) are preferred by risk-averse investors because they offer assured returns. But there are several other reasons – such as flexibility, ease of access, tax benefits, and availability of loan facility – that make FDs a worthwhile investment option. Every person wants to see their hard-earned money grow and multiply. That said, most…
Read moreInvesting Money? Top Factors to Consider Before Investing in a Fixed Deposit
Posted on Friday, February 24th, 2023 |
A fixed deposit is a reliable and secure form of investment. All the same, you should consider a range of factors before putting your money in one. These factors include inflation, interest rate, FD tenure, premature withdrawal, interest pay-out options, and tax deduction. In India, putting money in a fixed deposit (FD) is like heeding…
Read more5 Compelling Reasons to Invest in FDs
Posted on Monday, October 17th, 2022 |
During these ever-changing times, volatility is not our friend; stability is. So, with the myriad of investment options available, what is the safest way to make your money work for you? The answer is a Fixed Deposit! A Fixed Deposit is a simple, risk-free investment option that is perfect to build up your savings while…
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