What Factors Does a Bank Consider When Fixing FD Interest Rates?
Posted on Thursday, September 28th, 2023 |

Fixed Deposits (FDs) are popular with individuals seeking a secure and steady way to grow their savings. To fix fixed deposit interest rates, banks consider a multitude of factors – repo rate, liquidity needs, maturity, and investment tenure. IndusInd Bank’s commitment to providing competitive FD interest rates, along with flexible investment choices, gives customers the…
Read moreIs It a Good Time to Invest in Fixed Deposits In 2023
Posted on Thursday, September 14th, 2023 |

Summary: From guaranteed yields and flexible tenure to easy reinvestment, fixed deposits offer a range of benefits that make them the best investment avenue in 2023. Investing your hard-earned money involves a systematic approach where you must strategise your investments, and make crucial decisions at key stages. In 2023, since the global economy is still…
Read moreHow to Adjust Your FD Ladder to Maximize Returns
Posted on Monday, September 11th, 2023 |

Fixed Deposits (FDs) have long been a popular choice for risk-averse investors seeking stable returns. One effective strategy to optimize your FD investment is by creating an FD ladder. This technique allows you to strike a balance between liquidity and higher returns. In this blog, we’ll explore what an FD ladder is, how to build…
Read moreWhy Banks Offer Higher FD Rates to Senior Citizens
Posted on Thursday, September 7th, 2023 |

Fixed Deposits (FDs) have long been a popular investment option for individuals seeking stability and consistent returns. While FDs are available to people of all ages, many banks provide senior citizens with the incentive of higher FD interest rates. In this blog, we’ll delve into the reasons behind this practice and explore the advantages it…
Read moreFixed Deposit: How Does Compounding Frequency Affect Returns?
Posted on Tuesday, August 29th, 2023 |

SUMMARY: Investors earn interest on both the principal fixed deposit amount as well as the interest accrued through the power of compounding. The longer and more frequent the compounding, the higher the returns. Save more with IndusInd Bank’s online fixed deposits. Use the IndusInd Bank fixed deposit interest calculator to calculate your maturity amount to…
Read more