In India, Fixed Deposits are one of the most popular ways to save money. They are a safe investment, offer good returns, and are easy to open.
So, what exactly is a Fixed Deposit?
In a Fixed Deposit, you invest a lump sum for a fixed tenure at an agreed rate of interest. At the end of the tenure, you receive the amount you have invested plus compound interest.
FDs are also called term deposits. A Fixed Deposit offers guaranteed returns. Unlike market-led investments where returns fluctuate over time, the returns on an FD are fixed when you open the account. Even if interest rates fall after you open a Fixed Deposit, you will continue to receive the interest decided at the start. FDs are considered much safer than investments in other assets like equity.
We offer Corporate fixed deposits for Bajaj Finance, Mahindra Finance, Shriram Transport Finance, PNB Housing Finance & LIC Housing Finance.
To start investing with us, please call us or drop in a WhatsApp message at - 7596062010 / 7003918589