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
