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Advantages of Fixed Deposit Investment

Fixed deposits (FDs) are common and convenient investment option in India which provides you assured returns. Before investing, letu2019s look at fixed deposit advantages- Assured safety, Avail loan, tax benefits, high liquidity, flexibility etc.

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Advantages of Fixed Deposit Investment

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  1. Advantages of Investing in Fixed Deposit Account

  2. Fixed deposits (FDs) are common and convenient investment option in India which provides you assured returns.

  3. Before investing, let’s look atfixed deposit advantages

  4. Assured Safety Market fluctuations don’t affect interest on Fixed Deposit (FD) Rate is fixed and interest is guaranteed 

  5. Avail Loan Personal loan up to 75% of fixed deposit value With FDs as collateral, interest rates are lowered

  6. Get Tax Benefits on FDs Lock-in for 5 years Tax deduction for amount Invested Up to Rs. 1.5 Lakh*

  7. High Liquidity Can be closed anytime Funds are returned within hours Or few days

  8. Flexibility Select the term from 7 days to 5 years Choose interest payouts monthly, annually, at maturity

  9. Senior Citizen FD Rates PNB housing Finance Limited Provide 8.70%* interest rate for Senior Citizen. 

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