The FinTech Hub
Source: Live Mint A fixed deposit (FD) promises to offer a reliable, consistent, long-term return on investments. This financial tool allows you to deposit a lump sum of money for a fixed period, earning interest on the amount. FDs provide higher interest rates than savings accounts, making them an attractive option for conservative investors. Both…
Source: Live Mint Fixed-deposit schemes will never go out of fashion among investors who are looking for a reliable, consistent, and long-term return on investments. The financial tool is beneficial for even those who want to invest money in a low-risk investment tool for a shorter duration, like one, three, or six months. Fixed deposits…
Source: Live Mint Saving is a vital part of life, whether for retirement or building an emergency fund. There are many excellent ways to increase your savings and make wise investments. Public Provident Funds (PPF), Sukanya Samriddhi Yojana ( SSY), and fixed deposits (FD) are well-liked investment vehicles. People can open a PPF or FD…
