Fixed Deposits Explained

Fixed Deposits (FDs) offer a secure way to grow your savings with guaranteed returns. Ideal for risk-averse investors seeking stability in their investments.

FD Interest Rates 101

FD interest rates vary by bank, deposit amount, and tenure. Higher rates often for senior citizens. Crucial for maximizing returns.

Tax on FD Interest

: Interest from FDs is taxable. TDS applies if interest exceeds ₹40,000 p.a. (₹50,000 for seniors.

Flexible Tenures

FDs come with flexible tenures, ranging from a few days to several years. Choose wisely– short-term liquidity or long-term growth.

Flexible Tenures

FDs come with flexible tenures, ranging from a few days to several years. Choose wisely– short-term liquidity or long-term growth.