Why Do Indians Prefer Fixed Deposits?
Indians prefer fixed deposits because they offer fixed and assured returns on their investments. Basically, you know what you will receive at the end of your tenure. Therefore, it becomes easy to trust and helps you plan your investments accordingly....
Short Term Fixed Deposit
Fixed deposit is one the most traditional forms of investments for people in India. It encourages savings and guarantees returns in the form of interest. There are different types of fixed deposit options available for individuals to choose from. This...
Premature FD Withdrawal Penalty
Fixed deposit is the most popular investment choice for investors. They strive to balance their investment portfolio by investment in fixed deposits. You can earn guaranteed returns at a predetermined interest rate upon maturity without any risk of market fluctuations....
PPF vs FD
Most of the investors who want to invest, look for the security of their money. The two most secure investment options available for Indian investors is the Public Provident Fund and Fixed Deposits. Both the investment instruments are suitable for...
NSC vs FD
Generally, investors look for safety, returns and tax-efficient investment options. Also, considering these they wish to meet their financial goals. To meet these purposes, there are different savings schemes available for investors. In this article, we will discuss National Savings...
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How to Apply for an Axis Bank Fixed Deposit?
Axis bank offers multiple fixed deposits for different tenures and interest rates. The Axis Bank FD interest rates are higher than their savings account. You can invest in Axis Bank FD in a hassle-free manner. Also, you can enjoy their...
Gold Monetisation Scheme
In many Indian households, there are tonnes of gold that are lying idle. To turn this unused gold into productive assets, the Government of India has launched a scheme in 1999 called the Gold Deposit Scheme (GDS). However, in the...
Flexi Fixed Deposit Scheme
Fixed Deposits or FDs are one of the most popular and traditional savings instruments in India. Also, there are different types of fixed deposits offered by banks for various financial requirements. Thus, one such modified version of bank fixed deposits...
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