Fixed deposits, as we all know, has been the safest and most secure options mankind has ever had. With soaring interest rates and shaky stock markets it is may be the correct time for Banks and NBFCs to promote FDs. FD is considered a safe investment option because you invest your amount in one go and earn fixed interest up on it over a fixed tenure.
With the times gone by there have been a lot of misconceptions about FDs. Here are some of them:
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.