Why to invest in Safe and Fixed Deposit Income

1. Why to invest in Safe and Fixed Deposit Income In today's times when markets are as turbulent as they are unpredictable, it is sometimes difficult for many to even get positive returns on their investments. It is at such times when investing in a fixed deposit in India is much smarter. How to Invest in Fixed Deposit in India? A fixed deposit in India is essentially some money deposited in a bank or a financial institution for a predefined amount of time at a fixed interest rate. The deposited money cannot be withdrawn until the maturity of the deposit. It is one of the safe investment options in india when compared with stocks, mutual funds or company bonds. The Fixed Deposits interest rate ranges from 3% to 5% not better than Bonds Interest rate in India more than 6% to higher interest rate depending upon different factors, which include the deposit amount, the term period, the kind of scheme, etc. One can invest in a fixed deposit scheme for a period of 12 months to a maximum of 5 years. This scheme is a wonderful way to save for a future need. Even if one does not have any concrete plans for the money, it sure is a great way to invest in Bonds. Additionally, for someone who does not believe in high- risk investments like Bonds Investment like mutual funds or stock markets, it is better to have a investment in fixed deposit in India. Although an investment in the Bonds markets can give higher returns, it can be frustrating or time-consuming for some to be on a constant lookout for vagaries of the stock markets. The high level of safety too makes fixed deposit schemes quite popular with investors. Along with robust growth, it also has some additional benefits wherein one can secure a loan in lieu of one's deposit. Most banks and finance institutions offer loans of up to 75% of the deposit value. Anyone who wishes to keep aside some money for the future can go in for a deposit scheme. Earning members of the family, pensioners, businessmen or even parents of minors can make use of these deposit schemes. Several finance institutions also allow private companies and non charitable registered trusts to invest in fixed deposit schemes in India. Tax free bonds for Senior citizens are offered an additional 0.25% interest rate per annum on these schemes. They can avail of schemes where they are paid interest on a quarterly or on a half-yearly basis. The accrued interest is deposited directly into the account of the deposit holder via ECS (Electronic Clearance Scheme). One can invest in a fixed deposit scheme at a local branch of any bank or a financial institution like bondsindia. One just needs a valid identity proof, a proof of address, an application form with the applicant's details filled in and the investment will be done in no time. So, invest in a fixed deposit scheme in India and relax knowing that your investments are in safe hands. Investment in Fixed deposits India and from BondsIndia is the best option to buy Bonds online as well investment in Fixed Deposits and grow your money than mutual fund investments plan.