Fixed Deposits (FDs)

Safe, Stable & Guaranteed Investment Option

Fixed Deposits are one of the most trusted investment choices for individuals who prefer guaranteed returns with minimal risk.

What is a Fixed Deposit?

A Fixed Deposit is an investment where a lump sum amount is deposited with a bank or financial institution for a fixed tenure at a pre-decided interest rate.

At the end of the tenure, the investor receives the principal amount along with the accumulated interest. Premature withdrawals may attract a penalty.

Who Should Invest?

  • Students and beginners
  • People seeking stable income
  • Retired individuals
  • Risk-averse investors

Key Features of Fixed Deposits

Safety & Security

Returns are not affected by market fluctuations.

Fixed Interest Rate

Interest rate remains constant throughout the tenure.

Flexible Tenure

Tenure ranges from 7 days to 10 years.

Guaranteed Returns

Know exactly how much you’ll receive at maturity.

Types of Fixed Deposits

  • • Regular Fixed Deposit
  • • Senior Citizen FD
  • • Tax-Saving FD
  • • Cumulative FD
  • • Non-Cumulative FD

Benefits

  • • Easy to open and manage
  • • Suitable for short & long-term goals
  • • Can be used as loan collateral
  • • Encourages disciplined saving

Limitations

  • • Lower returns than high-risk investments
  • • Penalty on premature withdrawal
  • • May not always beat inflation