Benefits of Short Term Fixed Deposits
Posted on Wednesday, February 5th, 2025 |

In today’s dynamic financial environment, the quest for safe and reliable investment options frequently leads individuals to Fixed Deposits (FDs). While there are varied investment choices available, short term fixed deposits stand out as an attractive option for those seeking stability, capital protection, and predictable returns within a brief time frame. Understanding Short Term Fixed…
Read moreTax Saver FD vs Regular FD – What’s the Difference?
Posted on Wednesday, February 5th, 2025 |

A fixed deposit (FD) investment can yield various benefits, of which assured returns, safety of the principal amount, and flexibility are only a few. But, did you know that by choosing a specific type of FD, called the tax-saver FD, you can save tax and enjoy the benefits of fixed deposits? These FDs provide tax…
Read more5-Year Fixed Deposit Rates for Senior Citizens
Posted on Monday, January 27th, 2025 |

When it comes to investment options for senior citizens, it is important to prioritise the safety and security of the funds. Another important criterion is the investment tenure. A 5-year fixed deposit (FD) for senior citizens is a popular option that meets both aspects. As some might know, FDs come with special interest rates for…
Read moreStrategies for Maximising Your Investments with a Fixed Deposit Calculator
Posted on Monday, January 27th, 2025 |

Fixed Deposits (FDs) are favoured by millions of investors for their predictable returns, low risk, flexible tenure options, easy liquidity, and tax-saving opportunities. These features make FDs highly attractive for investors who want to earn good returns without getting any exposure to market volatility. Moreover, the Deposit Insurance and Credit Guarantee Corporation (DICGC) insures deposits…
Read moreThe Importance of KYC for Fixed Deposits
Posted on Monday, January 27th, 2025 |

If you have opened any kind of account in a bank or availed of financial services, you will have gone through a ‘KYC’ process. KYC, or Know Your Customer, is a process that banks (and other financial institutions) follow to verify the identity of their customers. KYC is mandatory for opening any bank account, including…
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