- Standard Fixed Deposit
- Flexi Fixed Deposit
- Tax Saving Fixed Deposit
Friday, 17 February 2017
New
Which Type of Fixed Deposit Is The Best?
You must be looking for an investment scheme that is safe and secure? The answer is always ‘Fixed Deposit’.
People prefer to invest in fixed deposit due to the safety aspect. They mainly target for high returns, so, in such situation security plays a very important role.
That is the reason, banks and NBFCs have come up with various types of FD schemes. But, before you invest your money, make sure that you analyse all your options well.
First of all, you will have to check your motivation to invest, and your individual financial goals. Do you know you can also save on taxes?
Choosing the best type of FD can benefit you in many ways. There are various types of fixed deposits like:
Each type has its own advantages and disadvantages. As an investor, you should be aware of every factor. To know more, read: https://yourstory.com/2017/02/943ebef2a8-investing-in-the-ideal-fixed-deposit-schemes-a-look-at-popular-fd-types/

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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