Open a Fixed Deposit Without a Savings Account
Posted on Thursday, September 26th, 2024 |
Fixed Deposits (FDs) offer numerous benefits, including zero risk, predictable returns, loan facilities, tax benefits, and even Deposit Insurance and Credit Guarantee Corporation (DICGC) backed insurance. No wonder why millions of Indians put their trust in these investment options. The traditional route to opening an FD typically starts with owning a savings account at a…
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’…
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