Treasury Bills (T Bills) vs. Fixed Deposit (FD): Key Differences
Posted on Thursday, October 10th, 2024 |

Making smart investment choices is key to meeting your financial goals. Thus, it is essential to pick options that fit your budget, goals, and risk tolerance. Treasury Bills (T-Bills) and Fixed Deposits (FDs) are popular for their safe and steady returns. Yet, they serve unique needs. In this article, we’ll compare T-Bills with FDs. We’ll…
Read moreWhat is Tax Saving Fixed Deposit? How Does a 5-Year Tax Saving FD Work?
Posted on Thursday, October 10th, 2024 |

A tax-saving fixed deposit (FD) is an excellent way to earn interest while enjoying tax benefits. It is a dual-benefit investment. Are you wondering how to invest money effectively while cutting taxes? A 5-year tax saving fixed deposit could be the solution. What is a Fixed Deposit (FD) That Saves Taxes? The most favoured type…
Read morePartially Withdraw Funds from a Fixed Deposit
Posted on Thursday, October 10th, 2024 |

A fixed deposit is a secure way to save money, offering a fixed interest rate over a specified period. At maturity, you receive the principal and the accrued interest. It is also possible to withdraw your funds early. However, partial withdrawals are usually restricted to tax savers or non-withdrawable fixed deposits. They typically have a…
Read moreHow to Download Fixed Deposit Receipt
Posted on Thursday, October 10th, 2024 |

When you book a fixed deposit, the financial institution provides a Fixed Deposit Receipt (FDR) or acknowledgement. This document acts as proof of your investment. However, if you have misplaced or forgot to collect your FDR, you might wonder how to obtain it again. This blog will address this common concern and explain the steps…
Read moreELSS vs Fixed Deposit (FD): What to Choose?
Posted on Thursday, September 26th, 2024 |

Confused between the Equity Linked Savings Scheme (ELSS) and Fixed Deposits (FDs)? Choosing the right investment can be a difficult task, especially when you are weighing options like ELSS, with its higher growth potential and tax benefits, against the safety and predictability of FDs. This choice is critical, as it impacts both your financial strategy…
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