www.deal4investments.com |
Now Get Offers from SBI, ICICI, HDFC Bank, DEUTSCHE, CITIBANK, HSBC,
KOTAK and STANDARD CHARTERED and Choose the Best Deal! |
Benefits |
1) Safety : FDs have conventionally been the premier choice for investors with a
low risk appetite; assured returns is the key factor which attracts
investors towards deposits. Stick to FDs of the highest credit rating
i.e. those with a "AAA" rating even if their rates seem modest
vis-à-vis those offered by company deposits. The fixed deposits of
reputed banks and financial institutions regulated by RBI (Reserve
Bank of India) the banking regulator in India is very secure and
considered as one of the safest investment methods.
2) Regular Income : Fixed deposits earn fixed interest rates for their entire tenure,
which is usually compounded quarterly. So, those who want an income on
a regular basis can invest into fixed deposits and use the interest
rate as their income. This makes a fixed deposit very popular way of
investing money for retirees
know more.... |
|
|
|