• SENSEX 80622.18 379.94 (0.47)
  • NIFTY 50 24412.95 78.75 (0.32)
  • GOLD 98053 -100 (-0.1)
  • SILVER 101000 -2000 (-1.98)
  • NASDAQ 17710.74 264.4 (1.49)
  • FTSE 8496.8 1.95 (0.02)
  • Nikkei 36639.17 186.87 (0.51)
  • Crude 5028 55 (1.09)
  • USD/INR 83.872 -0.06 (-0.07)
  • EURO 95.1544 -0.4 (-0.42)
  • POUND 111.9679 -0.6 (-0.54)
  • YEN 1.7256 0.01 (0.58)

Fixed Deposits (FDs) are a reliable and straightforward investment option. They provide a safe harbour for your hard-earned money, offering guaranteed returns with minimal risk. In this era of financial uncertainty, FDs stand as a beacon of stability.

FDs are financial instruments where you deposit a lump sum with a financial institution for a predetermined tenure. In return, you earn a fixed interest rate, making it an ideal choice for risk-averse investors.

Types of Fixed Deposits:

  • Regular Fixed Deposits: These are standard FDs with flexible tenure options.
  • Tax-saving Fixed Deposits: These FDs offer tax benefits under Section 80C of the Income Tax Act.
  • Senior Citizen Fixed Deposits: Exclusively for senior citizens, these FDs offer higher interest rates.
Fixed Deposits

Features of Fixed Deposits:

  • Assured Returns: You'll earn a fixed interest rate, ensuring the safety of your principal amount.
  • Flexible Tenure Options: Choose a tenure that suits your financial goals.
  • Low to Zero Risk: FDs are one of the safest investment options.
  • High Liquidity: In case of an emergency, you can prematurely withdraw your FD with a slight penalty.
  • Loan against FD: You can avail of a loan against your FD, helping you in times of need.
  • Nomination Facility: Ensure a smooth transition of your investment to your loved ones.

Fixed Deposits are a secure investment option providing peace of mind and guaranteed returns. Whether you're looking to save for your future, plan for retirement, or save on taxes, FDs offer a reliable way to grow your wealth. Don't miss out on this opportunity!

Logo Whatsapp

FutureKonnect
Typically replies within an hour

FutureKonnect
×
Chat with Us