What is Fixed Deposit
A Fixed Deposit (FD) is one of the safest and most dependable ways to grow your money over time, making it an essential component of personalized financial planning. It is a savings and investment option offered by banks and financial institutions where you deposit a fixed amount of money for a specific period at a pre-decided interest rate.
Unlike market-linked investments such as mutual funds, a Fixed Deposit provides guaranteed returns, ensuring that your money grows steadily without any risk of loss. You can choose the tenure of your FD—from a few months to several years—depending on your financial goals. Once the deposit matures, you receive your initial investment along with the interest earned.
Many banks also allow you to take a loan against your FD, providing liquidity support so your funds remain accessible in case of emergencies. You can also select how you want to receive the interest—monthly, quarterly, annually, or at the end of the term.
💡 Key Benefits of Fixed Deposit:
Assured and Risk-Free Returns: Your money grows safely at a fixed interest rate.
Flexible Duration: Choose a period that fits your financial plan.
Liquidity Support: Option to take a loan without breaking the FD.
Tax-Saving Option: Certain FDs provide tax benefits under Section 80C of the Income Tax Act.
Peace of Mind: No market fluctuations or uncertainty—just steady growth. Additionally, consider integrating insurance options to further secure your financial future alongside your FD or exploring SIPs for gradual investments.
What is Bonds
A Fixed Deposit (FD) is one of the safest and most dependable ways to grow your money over time, making it an essential component of personalized financial planning. It is a savings and investment option offered by banks and financial institutions where you deposit a fixed amount of money for a specific period at a pre-decided interest rate.
Unlike market-linked investments such as mutual funds, a Fixed Deposit provides guaranteed returns, ensuring that your money grows steadily without any risk of loss. You can choose the tenure of your FD—from a few months to several years—depending on your financial goals. Once the deposit matures, you receive your initial investment along with the interest earned.
Many banks also allow you to take a loan against your FD, providing liquidity support so your funds remain accessible in case of emergencies. You can also select how you want to receive the interest—monthly, quarterly, annually, or at the end of the term.
💡 Key Benefits of Fixed Deposit:
Assured and Risk-Free Returns: Your money grows safely at a fixed interest rate.
Flexible Duration: Choose a period that fits your financial plan.
Liquidity Support: Option to take a loan without breaking the FD.
Tax-Saving Option: Certain FDs provide tax benefits under Section 80C of the Income Tax Act.
Peace of Mind: No market fluctuations or uncertainty—just steady growth. Additionally, consider integrating insurance options to further secure your financial future alongside your FD or exploring SIPs for gradual investments.