Fixed Deposit Blogs

Tax saving fixed deposits are minimum 5-year FDs offered by banks and post offices. Like any regular FD, you get a fixed interest rate as your money stays safe. The interest you earn is taxable. But you can claim a deduction under Section 80C of the Income Tax Act. This will help you grow your …

Looking to grow your money without taking too much risk? A Fixed Deposit (FD) might just be the perfect fit. Having a fixed deposit account is one of the oldest and safest ways to earn steady returns on your savings. Whether you’re saving for a trip, planning for the future or simply want your money …

When you invest in a fixed deposit (FD), you are guaranteed a fixed return. But did you ever check how much you actually earn in a year? Annualised yield gives a clearer picture of your earnings, especially with compounded interest. It allows you to compare FD returns across banks and tenures correctly.  Two FDs may …

Fixed Deposits or FDs are among the safest means of increasing your savings. They provide assured returns and are exempt from market risk. They’re an excellent choice if you desire stable, low-risk investments. Whether saving for a short-term objective or creating long-term wealth, FDs can comfortably fit within your financial strategy. Once you decide to …

Fixed Deposits (FDs) are known for their safety, fixed returns and simplicity. For many Indians, they’re a preferred savings tool. They are ideal for planning short and long-term goals. You can invest without the stress of market ups and downs.  But FD interest rates don’t always stay the same. A bank might offer 6.5% today, …

Fixed Deposits (FDs) are one of the safest and most reliable investment choices for Indian savers. Whether building an emergency fund, planning retirement, or looking for secure growth, FDs offer peace of mind with fixed returns and minimal risk.  But here’s the thing: not all FDs are the same. Various fixed deposit types serve different …

In all the available investment paths — stocks, mutual funds, bonds, real estate — security and returns must be balanced. Still, fixed deposits (FDs) are a wise investment choice as their safety guarantees. Perfect for both new and existing investors, FDs let you invest safely and provide passive income and peace of mind. Many people …

While fixed deposits are a secure option to earn interest, you must pledge a significant amount for sizeable returns. This may restrict access to your savings, which may become a problem in case of emergencies. To solve this issue, banks introduced a sweep-in fixed deposit facility.  With this option, you can earn interest while maintaining …

The Bank of Maharashtra offers diverse tenure options on FDs with competitive interest rates. While the Bank of Maharashtra FD rates are quite lucrative, they have a range of special tenures that come with higher rates as well. Just like any other bank FD, you can also get higher interest as a senior citizen. Read …

Union Bank is one of the leading government banks in India and offers a variety of services for customers, including the ability to book fixed deposits. Union Bank FD rates are assorted based on your investment tenure. Usually, you can get higher interest on a longer investment.  Knowing the rate of interest in Union Bank …