The Fixed Deposit
When planning to make an investment with a lower risk factor and thinking about how to invest surplus fund , evaluate your options using these three criteria:
Fixed Deposits (FD): FDs (Fixed Deposits) are the most popular investment option in India. Why? It is easier to avail, has fixed interest rate, and an assured maturity sum which remains unaffected by market fluctuations.
The interest rate may differ depending on the lender. NBFCs offer a higher interest rate as compared to Banks.
Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms.