How to get more profit on Fixed Deposits? Jagran Business- Watch Video

05 Jun, 2023

Fixed deposits are financial instruments that allow you to deposit a fixed sum of money with a financial institution for a certain duration in exchange for interest. An FD offers a higher rate of interest than a savings deposit does, on average.This savings method is significantly safer than investing in market-linked options because of the stable returns it offers. You might choose high interest rate FDs if you have extra money that you wish to invest safely and risk-free.
 

How to Earn More from a Fixed Deposit?

  • Start your Fixed Deposit Online 
  • Opt for Cumulative Fixed Deposits
  • Do Not Close your Fixed Deposit Prematurely 
  • Pick Tax-Saving Fixed Deposits
  • Select a High Rate of Interest
  • Investment in Multiple Fixed Deposits

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