Fixed Deposits (FDs) are investment instruments offered by banks where you deposit a lump sum amount for a fixed period at an agreed interest rate. Upon maturity, you receive your principal amount alo...
Fixed Deposit is a safe way to save and grow money. Unlike market-linked schemes where returns are known only in hindsight, FD gives you a clear idea of your earnings from day one.
Better still, FD e...
Since a new financial year has just commenced, now’s the best time to pay attention to your investments. Beginning early will not only save you a good deal of anxiety at the end of the year but will...
Interest earned on a fixed deposit is governed by compound interest. This computation is not easy to master and manually doing the math is likely to leave you mentally exhausted. Moreover, you cannot ...
Fixed Deposit is considered as one of the safest investment vehicles to facilitate growth for your portfolio. Many senior citizens enjoy regular monthly income by investing their retirement fund in Fi...