Benefits of FD

Benefits of Trending FD. The stock market fluctuations have no effect on it. You know that you will get all the money you invested. 2. Fixed and guaranteed interest FD you are already getting the interest rate. This means that you will get interest at the same rate at the interest rate on which your FD has done, even if the interest rates are reduced in the market. 3. Get more interest, usually get more interest on FD than savings account, which rapidly increases your money. 4. Different options you can get for a period of 7 days to 10 years according to your need. This makes it easier for you to invest for your short or long -term needs. 5.. If you ever need a sudden money facility, you can take a loan to it without breaking your FD. Banks give loans up to 90% of your FD amount. 6. Tax exemption, you can get tax exemption by investing in certain types of FDs. However, it is for FDS with a 5-year-in-in-period. 7. Senior Burger Senior Burger gets a slightly higher interest of normal interest rates on FD. This is a good investment option for them. 8. Liquidity enables many bank -FDs to remove or partially remove before adulthood. This feature helps you achieve your money during emergencies. Click here Life & Style Click for more stories Click here