Maximising Your Returns: Strategies for Investing in Fixed Deposits Effectively
Posted on Thursday, May 30th, 2024 |
We all have dreams and long term goals in our lives. They could be, to own a car, travel overseas for a vacation, save funds to support our children’s higher education and countless others. A savings account may aid in fulfilling these goals, but this may not be the best way to increase your savings….
Read moreSave Tax with Tax-Saver FD: Complete Guide
Posted on Tuesday, May 28th, 2024 |
Fixed Deposits (FDs) have long been considered a reliable investment avenue for individuals seeking stability and assured returns on their savings. Not only do FDs offer a secure way to grow your money, but they also come with the added advantage of tax-saving benefits under Section 80C of the Indian Income Tax Act. What makes…
Read moreUnderstanding Cumulative and Non-Cumulative Fixed Deposits (FDs)
Posted on Tuesday, May 28th, 2024 |
Fixed Deposits (FDs) are one of the most popular choices for consumers looking to earn assured high returns on their savings. FDs give you assured returns with almost no risk. But one important decision to make when investing in FDs is choosing between cumulative and non-cumulative options. So, what exactly are Cumulative and Non-Cumulative FDs?…
Read moreSmart Strategies for Maximizing Savings in the New Financial Year
Posted on Monday, May 20th, 2024 |
As we usher in the new financial year, it’s an opportune time to revamp our savings strategies. Whether you’re aiming to build an emergency fund, save for a big purchase, or plan for retirement, optimizing your savings can set you on the path to financial stability and success. Here are some tips to help you…
Read moreSecuring 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 moreInvesting in Fixed Deposits: Building a Better Future
Posted on Tuesday, April 30th, 2024 |
In a world where financial stability is paramount, investing wisely becomes essential. While there are numerous investment options available, fixed deposits stand out as a reliable choice, offering a secure avenue for individuals to grow their wealth and secure their future. Stability and Security Fixed deposits, often referred to as term deposits, are investments offered…
Read moreCumulative 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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