FD in your investment list

“When you invest, you are buying a day that you don’t have to work.”

This quote by Aya Laraya explains the importance of investment in people’s life. The current world presents numerous investment options, and this often confuses the investor. Are you unable to choose the correct investment option? Here is an advice for you:

Add fixed deposits to your investment portfolio. Start your saving with a fixed deposit for yourself or your family. Although it is an age-old investment option, it is still regarded as one of the smartest investment choices. Find the best FD interest rates and choose your plan now. You will enjoy benefits like simple online application procedure, high security of your money with assured returns, flexible investment tenure, etc. Diving into the details, the following are the benefits of adding fixed deposits to your investment lists:

1) Zero risks: Most of the investment plans available in the market are volatile. They depend on the overall economic scenario and the profit of the company. The interest availed at the end of the investment period depends on the profit of the company. Thus, these plans have a higher risk of getting lesser interest, and sometimes your funds may reduce at the end of the lock-in period. This is not the case with FD. The interest rates of FD do not depend on the profit or loss of the company. Rather they are fixed at the beginning of the process. Thus, FD provides a risk-free investment environment.

2) Easy loan against fixed deposits: Once you lock your money in FD, it becomes your asset. You can also avail loan on this FD. The maximum amount of loan that can be sanctioned on an FD is 70% of the FD amount along with a competitive interest rate.

3) Assured returns and High security: Investment options like stock-market, mutual funds, share markets, etc. are subject to higher risks as they are dependent on market conditions. But while investing in an FD, you get 100% assurance of the return of your principal amount as well as pre-decided interest. In an FD, you will be totally aware of the return amount that you will gain after maturity. Thus, you can set your financial goals with greater confidence. Moreover, you can invest any amount under an FD depending on your savings.

4) Flexible withdrawal of funds: In case you are stuck in any financial emergency after investing your savings in FD, there are provisions for withdrawing the money before the FD matures. Though you need to pay a certain amount as a part of the fees, the process is not as complicated as the withdrawal procedures in other investment plans.

Thus, a fixed deposit is a highly flexible and secure investment option. Apart from this, it provides attractive returns. So plan your future by building your wealth through fixed deposits. It acts as a treasure for your financial backup and a shield in the time of financial crisis.

“Invest your money today, build your wealth, and enjoy a happy and wealthy future.”