Cumulative Deposit – What Is Cumulative Fixed Deposit
Posted on Friday, February 23rd, 2024 |
A fixed deposit (FD) is a financial tool wherein an individual invests a lump sum amount with a bank or financial institution for a predetermined duration. The rate of interest remains constant throughout the tenure. At the end of the tenure, the total amount the depositor receives is the sum of the principal and the…
Read moreWhat Is Fixed Deposit Interest Rate? How Can You Calculate It?
Posted on Tuesday, March 7th, 2023 |
An FD Calculator is a simple and free tool that generates accurate results involving multiple variables within seconds. It basically helps you determine your FD interest and subsequent total amount for the desired tenure at the time of maturity. When it comes to investing money, security of funds and ease of operation are two key…
Read moreWhy Fixed Deposits Have Charmed Generations of Indian Households
Posted on Wednesday, January 11th, 2023 |
Indians continue to rely and look upon Fixed Deposits as risk-free investments that offer guaranteed returns. With an attractive interest rate and flexible tenure, IndusInd Bank FDs are a great option for risk-averse investors. Over the years, each generation evolves. There is a new set of identities born every 10 years. It’s reflected in art…
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…
Read moreWhat are the Top 5 Benefits of Adding Fixed Deposit to Your Portfolio?
Posted on Thursday, November 4th, 2021 |
The economic fallout of the COVID-19 pandemic has taught us all the value of saving for a rainy day. But while saving is critical to building a financially sound future, it does not make sense to rely on savings alone. Instead, if you have already managed to set aside savings, you should seriously consider ways…
Read moreHere Are Some Startling Truths About FD Returns
Posted on Tuesday, October 12th, 2021 |
Here’s a fact. If you are a beginner and wish to invest your money in the safest way possible, you should open a fixed deposit. FDs are popular because they help in the risk-free growth of your funds. By investing your savings in an FD, you can earn interest and work towards your financial goals, such…
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