5 Benefits of Loan Against Fixed Deposit that You Should Know
Posted on Monday, April 8th, 2024 |
A loan against a fixed deposit allows borrowers to leverage the value of their FD and secure a loan against it without liquidating it prematurely. It offers an assortment of benefits like lower interest rates, higher loan amount, zero processing charges, flexible repayment terms, and continued interest-earning on the FD. Fixed deposits are a popular…
Read more5 Rules to know about if you are planning to invest in Fixed Deposits
Posted on Tuesday, March 20th, 2018 |
Fixed deposit (FD) is the most common financial instrument known to and used by every investor. FDs are popular due to two main reasons: (1) safety of capital and (2) surety of returns. Moreover, fixed deposits or term deposits have more liquidity as compared to other investments. In case of urgent requirement of funds, you…
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