Learn how to secure returns from a FD investment plan

Fixed deposits are the safest investment by the investors, but the returns are fixed. Investors can
take a few steps to increase the interest rate from fixed deposits like:
Open an account online, get fixed deposit in the parent’s name, not withdraw before a
stipulated period on company deposits apply for cumulative deposits.



Reasons as to why people invest in fixed deposits:


Security: Safest investment as they are for a fixed period.

Liquidity: Fixed deposits fulfill your short- term and medium-term needs.
If the investors go for tax-saver fixed deposits, then they may be able to meet the long -term needs.

No risk involved: Fixed deposits remain unaffected by market fluctuations, which makes it risk-free.

The higher interest rate for senior citizens: The senior citizens are eligible for 0.5% more bank interest rate than what you are receiving 

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