Is Fixed Deposit a Good Investment Option for You?

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One of the major steps towards securing your financial future is to invest wisely. Among the various investment options available, fixed deposits (FDs) stand out for their safety, reliability, and guaranteed returns.  FDs have been a favourite amongst the old and the new generation as they have something to offer for everyone. So, whether you…

Difference Between Callable & Non-Callable FD

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When you make an investment decision, you must look at several factors before finalising any option. When it comes to Fixed Deposits (FDs), one of the safest investment options out there, you must consider which FD you want to go for – callable or non-callable FDs. While both are term deposits offering a secure and…

Car Loan Against FD

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Whether you are a seasoned investor or a beginner, you would have heard of Fixed Deposits or FDs. They are praised for their popularity and how they are ideal for safe and steady returns. However, did you know that you can also use your fixed deposit as collateral for a car loan? Applying for a…

How Fixed Deposits Can Enhance Financial Stability for Senior Citizens?

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Retirement is a period of life synonymous with leisure, relaxation and enjoyment, not financial worry. Having a steady income is essential to have a worry-free retirement. While pensions are usually the most common income option during this period, they may fail to cover all expenses.  In such a situation, opting for a safe and steady…

Understanding Risks in Fixed Deposits

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Fixed deposits (FDs) are considered a safe haven for investors seeking stable returns and capital protection. They offer guaranteed returns and are considered low-risk compared to other investment vehicles. However, like any financial product, FDs come with their own set of risks. Before you open an FD, understanding the potential risks associated with this investment…