FD & Bonds

Fixed Deposits (FDs) are a reliable and straightforward investment option. They provide a safe harbour for your hard-earned money, offering guaranteed returns with minimal risk. In this era of financial uncertainty, FDs stand as a beacon of stability.

FDs are financial instruments where you deposit a lump sum with a financial institution for a predetermined tenure. In return, you earn a fixed interest rate, making it an ideal choice for risk-averse investors.

Types of Fixed Deposits:

• Regular Fixed Deposits: These are standard FDs with flexible tenure options.
• Tax-saving Fixed Deposits: These FDs offer tax benefits under Section 80C of the Income Tax Act.
• Senior Citizen Fixed Deposits: Exclusively for senior citizens, these FDs offer higher interest rates.

Features:

• Assured Returns: You'll earn a fixed interest rate, ensuring the safety of your principal amount.
• Flexible Tenure Options: Choose a tenure that suits your financial goals.
• Low to Zero Risk: FDs are one of the safest investment options.
• High Liquidity: In case of an emergency, you can prematurely withdraw your FD with a slight penalty.
• Loan against FD: You can avail of a loan against your FD, helping you in times of need.
• Nomination Facility: Ensure a smooth transition of your investment to your loved ones.