Can Fixed Deposit Be Kept as Collateral for a Loan?
Posted on Monday, May 29th, 2023 |
When it comes to securing a loan, collateral plays a crucial role in determining the terms and conditions of the borrowing. Many individuals wonder if a fixed deposit (FD) can be utilized as collateral to obtain a loan. In this blog, we will explore the concept of using an FD as collateral and shed light…
Read moreWhat is fixed deposit laddering & how is it beneficial?
Posted on Monday, May 29th, 2023 |
Investing is a crucial component of financial planning, allowing individuals to grow their wealth and secure their future. In the pursuit of financial stability, it becomes essential to explore investment options that provide both security and attractive returns. One such investment avenue is a Fixed Deposit (FD), which offers stability, guaranteed returns, and ease of…
Read moreHow to book a Fixed Deposit (FD): 3-Step Guide
Posted on Monday, May 29th, 2023 |
Fixed Deposits, commonly referred to as FDs, are a popular investment option for many individuals in India, in which an individual deposits a certain amount of money for a fixed period, ranging from a few months to a few years, and earns interest on it. One of the primary advantages of FDs is their stability….
Read moreWhy are senior citizens FD (fixed deposit) rates higher?
Posted on Friday, March 31st, 2023 |
Mr. Santosh had always been a prudent man when it came to his finances. He had worked hard for years as a sales officer in a multinational corporation and had saved up a good amount of money for his retirement. Now that he was retired, he was looking for ways to grow his savings while…
Read moreWhat is a Fixed Deposit?
Posted on Tuesday, March 28th, 2023 |
Fixed Deposits, also known as FD, is a popular investment option in India for people looking to earn fixed returns on their savings. It is a type of deposit account offered by banks and other financial institutions, where the depositor agrees to lock in their funds for a specified period in exchange for a predetermined…
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