Difference Between Fixed Deposit Vs Recurring Deposits
Posted on Friday, August 18th, 2023 |
In the realm of financial planning, fixed deposits (FDs) and recurring deposits (RDs) are two popular instruments that provide individuals with secure avenues to grow their savings. Each of these options carries its own set of advantages, making them suitable for different financial goals and preferences. In this blog, we will delve into the differences…
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 moreHow to Get Better Returns by Investing in a Fixed Deposit?
Posted on Friday, May 21st, 2021 |
For years, fixed deposit or FD has been quite popular among consumers looking for guaranteed returns in a relatively risk-averse way. So, FDs rose to popularity as a safe investment option; however, with increasing consumer awareness, this notion is changing. Now, the fixed deposit scheme is gaining popularity for its potential higher returns as well….
Read moreThe Smart Way to Save: Fixed Deposits
Posted on Saturday, July 11th, 2020 |
Whether you are a salaried professional or self-employed, saving money is crucial for building a financial safety net. While there are several financial instruments available for the purpose – mutual funds, equity, etc. – they typically present high-risk options. Fixed deposits are one of the safest investment avenues with fixed yet guaranteed returns. Here are…
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