Fixed Deposit Blogs

While you’ve just started working or are nearing retirement, investing in FDs offers security and allows diversification of risk. Being aware of certain fixed deposit rules and regulations can help you plan your investment better. While FDs are fairly simple, allowing you to invest a fixed amount for a fixed time to get a fixed …

In India, very few other options give you the flexibility and safety of investment like a fixed deposit. Within them, comparing the features of a cumulative vs non-cumulative FD can help you make a choice that either increases your returns or your liquidity.  If you are thinking of a long-term investment, consider a cumulative FD. …

All bank’s FD interest rates are dynamic and evolve with time. Depending on your preferred bank’s policy and other factors, it changes for every deposit you make. These rates are mentioned on the official website of the bank, which allows you access to complete data to estimate your returns.  This way, you can compare multiple …

If you plan to withdraw your FD before it matures, whether partially or completely, this process involves paperwork and penalties. Before you go about the process of making a premature withdrawal of a fixed deposit, you must know what to expect.  When you have an unexpected financial or medical emergency, you can liquidate your FD …

You book a fixed deposit, it is for a specific term. Generally, you close your FD after it matures at the end of this term. In case, you want to make a premature withdrawal, then you will have to give an FD closing application. Understanding the process can help you access funds when needed, so …

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 …