How to Choose the Right Fixed Deposit Tenure for Maximum Interest
Posted on Thursday, July 20th, 2023 |
Fixed deposits (FDs) are a popular investment option among individuals looking for a safe and secure way to grow their savings. One of the crucial factors to consider when investing in an FD is the tenure, as it directly impacts the interest earned. Choosing the right fixed deposit tenure can help you maximize your interest…
Read moreExploring the Features and Flexibility of a Fixed Deposit Linked Savings Account
Posted on Tuesday, July 11th, 2023 |
In today’s fast-paced world, financial planning plays a crucial role in securing our future and achieving our goals. While it is important to invest your hard-earned money and earn high returns on it, it is equally critical to maintain liquidity. This is where FD-linked savings accounts come into play. An FD-linked savings account – like…
Read moreHow to maximize your wealth with FD-Linked Savings Account
Posted on Friday, June 30th, 2023 |
When it comes to building and maximizing your wealth, exploring different avenues and strategies is essential. One such strategy gaining popularity is the FD-Linked Savings Account. Combining the stability of a fixed deposit (FD) with the flexibility of a savings account, this innovative financial product offers a unique opportunity to grow your wealth while maintaining…
Read moreIs It Good to Invest In FD?
Posted on Tuesday, June 13th, 2023 |
A Fixed Deposit account provides a secure and reliable way to grow wealth, with a fixed interest rate free from market fluctuations. Invest in an IndusInd Bank FD for a stable financial future. Investing your money in the right place can be somewhat tricky due to the easy availability of a vast array of investment…
Read moreWill FD Interest Rates Increase in India 2023?
Posted on Saturday, June 3rd, 2023 |
From April 2022 to March 2023, there has been a tremendous increase in interest rates, which is good news for all individuals looking to invest in FDs this year. Moreover, with the financial landscape getting more competitive, banks might increase the minimum interest rates as well, which means there is no better time to invest…
Read moreCan 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…
Read moreTop 5 reasons to open a bank fixed deposit
Posted on Thursday, January 5th, 2023 |
There are several investment products in the market that can offer higher returns on your money. Given the uncertain times we live in, a fixed deposit is considered as the safest and the most reliable investment option. Over the years, fixed deposit has been the default investment option for Indian families. It has earned investors’…
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 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 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…
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