Fixed Deposit Blogs

A fixed deposit account is the most common investment idea you will come across. It is a reliable tool that gives steady growth; all you need to know is how to open a fixed deposit account. With the growth of digital marketplaces, you have the option to choose between online and offline processes.   For most …

Fixed deposits are a popular scheme that helps you grow your savings. In addition to that, they also help you procure a loan during an emergency by acting as collateral. When you take a loan or a credit card against your FD, you should know about the lien on fixed deposit.   What is the Lien …

Have you ever heard of the term ‘flexi fixed deposit’? Fixed deposits have been popular amongst Indian investors because of their reliability and capital preservation. They give you the option to create a customised savings plan that helps you advance, slow and steady, towards your financial goals.  A flexi fixed deposit combines the benefits of …

One of the greatest features of a fixed deposit is its flexibility. Based on your monetary goals, you can either book a short-term FD or go for a long-term FD. This versatility makes it a suitable option when you are aiming to diversify your portfolio with a low-risk investment.  A long-term FD will help build …

If you’re thinking of investing in India’s most popular investment option, learning about auto-renewal rules that apply to fixed deposits is vital. Once you’ve invested in an FD, you can withdraw your investment or renew it in two different ways: Auto-renewal saves you from the hassle of remembering the maturity dates and losing out on …

A fixed deposit (FD) is one of the most popular options in Indian households as it is secure and has the lowest risk. If you have extra funds available or wish to grow your savings without any risk, this is an ideal choice.  Funds readily available are easily used. Unless you have placed them in …

Knowing the features of term deposit vs fixed deposit can give you valuable insights and help you make the right investment. Both these options have some common features, like: However, there are some differences between them like lock-in periods, interest rates and others. Knowing the difference between FD and term deposit is crucial to investing …

A loan against a fixed deposit is an optimal solution to continue your investment while managing your financial needs. Some deposits allow premature withdrawal with a specific penalty amount. This gives you access to your investment in case of emergency.  However, withdrawing before completing your maturity period can cause a loss in returns. A better …

Two forms of fixed deposits provide you with a secure way to grow your savings, i.e., callable and non-callable FDs.  When you open a fixed deposit account, it comes with a specific: Usually, your funds remain locked in for this tenure so you can earn at the specified rate. However, to give you an option …

By booking an FD with the latest ICICI Bank fixed deposit rates, you can earn lucrative returns. Based on the chosen tenure and FD type, these rates change, and you can decide on the best terms to meet your goals. Some key features of booking a deposit with this issuer: Read on to learn the …