Fixed Deposit

Fixed Deposit (FD) is a popular investment option in India offered by banks and financial institutions. It is known for its stability, guaranteed returns, and ease of investment. Here’s an overview of Fixed Deposit investments:

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    Fixed Deposits by Satija Consultants

    Fixed Deposit (FD) is a popular investment option in India offered by banks and financial institutions. It is known for its stability, guaranteed returns, and ease of investment. Here’s an overview of Fixed Deposit investments:

    Key Features of Fixed Deposit (FD)

    To invest in Fixed Deposits, visit your preferred bank or financial institution, complete the necessary documentation, and choose the tenure and interest payout option that best suits your financial goals and liquidity requirements.
    Fixed Deposits provide a secure investment avenue with guaranteed returns, making them suitable for risk-averse investors seeking stability and capital protection in their financial portfolios.

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    Frequently Asked Questions

    Term insurance plan provides financial protection to your family and replaces your income in case you are not around. You pay a small fee every month/year to protect your family, and in case something happens to you, the insurance company pays a large sum of money (life cover) to your family.
    If you are the family’s main breadwinner, the family will be left with no source of income in your absence. A term plan will give them the financial help to take off their monthly expenses.

    The right time to buy a term plan is as early as possible. This is because the premiums increase with age and changing health conditions. Thus, as you grow older, your health conditions
    may deteriorate, ultimately increasing your term policy premiums. Buying an online term plan allows you to secure your family at affordable premiums with a large life cover for a long tenure.