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Tag: fixed deposit

Fixed Deposit vs Recurring Deposit: Which One is Better for You?

Fixed Deposit vs Recurring Deposit: Which One is Better for You?

Fixed Deposit vs Recurring Deposit: In India, Fixed Deposits (FD) and Recurring Deposits (RD) are almost the safest investment hands down. Regular and steady returns are assured by these investments. Since they are backdoored by either banks or post offices, they are grouped under low-risk financial instruments. But such types of instruments fulfill a different […]

Bank Official Stole Crores From Fixed deposits, Invested in Stocks

Bank Official Stole Crores From Fixed deposits, Invested in Stocks

A former relationship manager at ICICI Bank in Kota, Rajasthan, has been arrested for allegedly embezzling ₹4.58 crore from customer accounts and investing it in the stock market. The fraud, which unfolded over the span of two years, resulted in large losses, leaving customers devastated and ultimately betrayed. Bank Official Stole Crores From Fixed deposits, […]

Post Office FD Scheme: Triple Your Money in 15 Years

Post Office FD Scheme: Triple Your Money in 15 Years

Post Office FD Scheme: If you are looking for a safe and long-term investment plan, then the Post Office Fixed Deposit (FD) scheme can be a good option for you. Just like banks, Post Offices also offer investment schemes that give good returns. One such scheme is the 5-Year Fixed Deposit which offers 7.5% interest […]

Why Should Young Investors Invest in Fixed Deposits?

Why Should Young Investors Invest in Fixed Deposits?

Fixed deposits have been considered as a safe and reliable investment for decades. This generation has associated the fixed deposits with senior citizens, but young investors can also have significant benefit from investing in fixed deposits. This can probably add strength to their portfolio. Here’s why young investors should invest in fixed deposits to add […]

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