Tuesday, 4 October 2016
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Why Fixed Deposit is Good Investment Plan
You will definitely have some savings with you and you may want to get some benefit out of it. Then, you must go for some kind of investment.
However, there are different forms of investment that involves different risk factors and thus varies their ROI. If you want to avoid any kind of risk and want to go for an assured return, fixed deposit is the best option for you. That is a reason behind why peoples choose fixed deposit for investment.
But first you should know, what is FD and how it works? A Fixed Deposit, also known as term deposit, is a financial instrument provided by banks wherein you can invest your money in fixed deposit plans and a certain sum into the bank and earn interest on it.

About Arwind Sharma
Arwind Sharma, Currently residing in Gurugram, Haryana. I work as a financial advisor with a Fintech company and have an experience of more than 7 years in personal finance. Having worked with some of the topmost financial firms in India I developed a knack for writing and sharing my knowledge to help others. If you need help or suggestions regarding matters related to finance and investment, you can connect with me on social networking platforms
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