Understanding Important Fixed Deposit Rules & Regulations

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Summary Understanding FD rules around tenure, premature withdrawal, interest rates and auto-renewal can help investors maximise returns and avoid unnecessary penalties. FD interest is taxable, and investors should be aware of TDS rules, available tax-saving options and the use of Form 15G/15H where applicable. Additional features such as nomination facilities, loans against FDs and deposit…

How To Open a Fixed Deposit Without a Savings Account

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Summary Opening a fixed deposit without a savings account is now easier than ever, thanks to digital banking solutions. The process is simple: submit your personal details, choose your preferred FD tenure and investment amount, and fund the deposit. Whether you are a first-time investor, salaried professional, senior citizen, or someone looking for a safe…