Car Loan Against FD
Posted on Friday, October 25th, 2024 |

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…
Read moreHow Fixed Deposits Can Enhance Financial Stability for Senior Citizens?
Posted on Friday, October 25th, 2024 |

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…
Read moreUnderstanding Risks in Fixed Deposits
Posted on Friday, October 25th, 2024 |

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…
Read moreBond vs FD: Key Differences Explained
Posted on Friday, October 25th, 2024 |

If you are looking for a secure and reliable investment option, two options that you can consider are Fixed Deposits (FDs) and bonds. These instruments help grow your money with varying degrees of risk, return, and flexibility. However, understanding the different aspects of each investment option is important. Let’s explore the nuances of bonds vs…
Read moreOverdue Fixed Deposit Impact on Interest Rates
Posted on Friday, October 25th, 2024 |

Fixed deposits (FDs) are a popular investment choice in India, known for their stability and guaranteed returns. However, what happens when your FD matures, and you fail to renew or withdraw the funds? This leads to an overdue fixed deposit that affects the interest earned on your investment. Let’s learn more about it. What is an…
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