How Can You Save Rs 46,800 with a Tax Saver FD?
Posted on Friday, November 4th, 2022 |
Like any other Indian middle-class individual, Mehul also grew up learning the importance of savings and investment. So when he hit the one-year mark at his first job, he decided it was finally time to start investing in a fixed deposit account with IndusInd Bank to meet his long-term financial needs. He would be earning…
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 moreHow the Fixed Deposits of the Indian Middle-Class Help Boost our Economy
Posted on Tuesday, October 4th, 2022 |
The most reliable financial instrument for middle-class investors, fixed deposits benefit both account holders and the national economy. Fixed Deposits (FDs) have long been the most preferred financial instrument for middle-income individuals in India. The decision to park one’s savings is primarily guided by a low-risk appetite and preference to security over immediate liquidity or…
Read moreStep-By-Step Procedure for Renewing and Withdrawing a Fixed Deposit
Posted on Friday, September 2nd, 2022 |
Fixed deposits are an excellent way to invest your money and grow your wealth. They’re the best option when you don’t want to take market risks because they’re a safe form of investment. They function similarly to liquid funds and can also be liquidated prematurely. They offer a secure way to invest excess funds. Besides,…
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 moreHow to Get Better Returns by Investing in a Fixed Deposit?
Posted on Friday, May 21st, 2021 |
For years, fixed deposit or FD has been quite popular among consumers looking for guaranteed returns in a relatively risk-averse way. So, FDs rose to popularity as a safe investment option; however, with increasing consumer awareness, this notion is changing. Now, the fixed deposit scheme is gaining popularity for its potential higher returns as well….
Read moreHow a Recurring Deposit is Different from a Fixed Deposit
Posted on Monday, November 9th, 2020 |
Earning money is simply one half of the equation, which only becomes complete and meaningful when one practices saving, or better yet, investing. However, “an investor without investment objectives is like a traveller without a destination.” In case you’re unsure about your options, but wish to play it safe and risk-free, there are two beneficial…
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…
Read moreWhy should you open a Fixed Deposit Account?
Posted on Tuesday, March 20th, 2018 |
Fixed deposit is a savings tool favored by both new and seasoned investors. Opening a fixed deposit is considered as the first step into the world of investment. This financial instrument is issued by financial institutes, banks, and NBFCs for a fixed tenure at a fixed interest rate. This interest rate for fixed deposits is…
Read moreIdeal Investment Options for Beginners – FD and PPF
Posted on Tuesday, March 20th, 2018 |
We all work hard to earn money. Therefore, investing this hard-earned money in the right way is very important to secure the future of our family. We are always on a lookout for investment options that give us higher returns while posing minimum risk. This article will help you understand in depth two financial tools…
Read more6 Reasons Why You Should Invest In Fixed Deposits
Posted on Tuesday, March 20th, 2018 |
It is always advisable to take some risks with your investments to maximize returns and help your money grow at a quick rate. However, these investments must be balanced with sound, risk-free schemes which will give you security and financial stability in the future. Such schemes are those that will help you set aside part…
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