What is a Non-Callable Fixed Deposit?
Posted on Friday, November 22nd, 2024 |
Do you want to invest in a fixed deposit but are worried about withdrawing it before maturity? A non-callable fixed deposit may be the correct option for you. But what exactly is it, and why must you consider it? In simple words, a non-callable deposit is a kind of fixed deposit where the investor is…
Read moreOpen Fixed Deposit for Minor
Posted on Tuesday, November 19th, 2024 |
Planning for your child’s future often takes the top priority. While there are numerous investment avenues in the market to secure your child’s financial future, a fixed deposit for minors stands out as a secure and reliable option. A fixed deposit (FD) offers guaranteed returns and a disciplined approach to savings. Let’s see how a…
Read moreHow to Use IndusInd Bank FD Calculator to Plan FD Investment Returns?
Posted on Friday, November 8th, 2024 |
Summary: FDs are a preferred choice for risk-averse investors seeking stable returns. With IndusInd Bank’s FD calculator, investors can calculate their potential FD returns to make informed decisions. All you need to do is enter your desired principal amount and tenure, and the tool will automatically calculate the returns based on the applicable interest rate….
Read moreAvoid Penalty on Premature Withdrawal of Fixed Deposit
Posted on Thursday, October 17th, 2024 |
Fixed Deposits (FDs) are safe investments that offer stability and guaranteed returns over time. They are favoured by many for their reliability and the peace of mind they provide. However, life’s unpredictable nature can sometimes necessitate a premature withdrawal of these funds. Unfortunately, this often comes with penalties. They can reduce your earnings thereby reducing…
Read moreFixed Deposit (FD) vs Gold: Key Differences
Posted on Thursday, September 26th, 2024 |
Many investors might often face the predicament of whether to opt for a fixed deposit or invest in gold, given their popularity for being comparatively safer than other market-linked instruments and for generating satisfactory returns. Fixed deposits offer a guaranteed and stable return on investment with minimal risk, making them best for conservative investors. In…
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