Monthly Interest Rates for ₹ 1 Crore Fixed Deposit

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Fixed deposits (FDs) have long been a favoured investment choice for individuals seeking safety and guaranteed returns. What has made FDs even more popular is that you can receive interest credits to your account every month if you want.  With a large amount like ₹ 1 crore, the potential for earning monthly interest can be…

Why Fixed Deposit (FD) Is a Good Investment Option?

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One of the major steps towards securing your financial future is to invest wisely. Among the various investment options available, fixed deposits (FDs) stand out for their safety, reliability, and guaranteed returns.  FDs have been a favourite amongst the old and the new generation as they have something to offer for everyone. So, whether you…

Difference Between Callable & Non-Callable FD

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When you make an investment decision, you must look at several factors before finalising any option. When it comes to Fixed Deposits (FDs), one of the safest investment options out there, you must consider which FD you want to go for – callable or non-callable FDs. While both are term deposits offering a secure and…

Car Loan Against FD

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Whether you are a seasoned investor or a beginner, you would have heard of Fixed Deposits or FDs. They are praised for their popularity and how they are ideal for safe and steady returns. However, did you know that you can also use your fixed deposit as collateral for a car loan? Applying for a…

How Fixed Deposits Can Enhance Financial Stability for Senior Citizens?

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Retirement is a period of life synonymous with leisure, relaxation and enjoyment, not financial worry. Having a steady income is essential to have a worry-free retirement. While pensions are usually the most common income option during this period, they may fail to cover all expenses.  In such a situation, opting for a safe and steady…