Fixed Deposits are considered as the safest investment option to increase financial assets without spending sleepless nights with regards to volatility and other risks associated with the market.
Most of the banks and financial institutions offer FDs and the interest rates are higher compared to savings account.
One of the main advantages of having a fixed deposit (FD) account is that it provides guaranteed returns on the investment. Hence, there is no risk involved in FDs compared to other types of investments.
There are many types of FDs accepted by banks and financial institutions like Standard Fixed Deposit; Special Fixed Deposit; Tax Saver Fixed Deposit; Cumulative Fixed Deposit; Non-Cumulative Fixed Deposit and Flexi Fixed Deposit.
We acknowledge that the needs and demands of different people vary vastly and thus our team of experts access the needs of the client and then recommending this safest option.