Fixed Deposit is perhaps the best investment as far as conservative investors are concerned because they offer guaranteed return and have low or almost negligible risk.
Fixed Deposit is one of the favored financial products in India to which most of the Indians are investing their hard earned money for a higher return.
The rate of interest paid varies depending on the amount and tenure.
In Fixed Deposit, your money is locked up with the bank, it is not easy to withdraw at a moment's notice.
Features of Fixed Deposit :-
* Nomination facility is available
* Guaranteed returns
* Easily withdrawable
* Flexible in nature
* Encourages saving habit
* Higher rate of return
* NRIs can open Fixed Deposits
* Flexible interest rate pay-outs
* Safe and sure way to get income.
* Also it is easy to raise a loan against your Fixed Deposit.
* Easily borrow up to 90 per cent of the Fixed Deposit's amount.
Minimum & Maximum Amount of Deposit
The Minimum and Maximum Amount of Deposit to be vary with the scheme that you choose.
Minimum Amount – Rs 1000
Maximum Amount - No limit.
Fixed Deposit Calculator is a Handy Tool.
This Fixed Deposit (FD) Calculator helps you find out how much interest you can earn on an Fixed Deposit and the value of your investment on Maturity when interest is done on a Monthly, Quarterly basis.
Features of Fixed Deposit Calculator :-
* Easy to Understand
* Flexible
* Reliable
* Available free on online
* Not required any Internet connection.
* FD Calculator helps you to view Report Yearly & Monthly
* Easily visualize the Calculation Graphically.
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| Downloads: 32 | ||||
| Updated At: 2024-04-22 15:25:03 | ||||
| Publisher: Teclab Solutions | ||||
| Operating System: Android | ||||
| License Type: Free |