NEWS & ADVICE : FIXED DEPOSITS
For what purpose do you want to invest in an FD?
By Neelima Shankar
Print    Email    RSS   

Time period flexibility

Most of us take a fixed deposit for a specific goal which could be anything from purchase of an expensive item to child's marriage. These plans might get postponed and the depositor might want to extend the tenure of his FD. In such a scenario, the depositor can wait for the deposit to mature and then reinvest it. But there cannot be surety of interest rate in the future. Some banks have started providing FD options that allow a depositor to extend the tenure without major changes in other conditions.

Breaking deposits

Multiple deposits of smaller denominations can lead to a large amount of paperwork. This is usually done by investors who need money at various stages in future. They are reluctant to deposit everything in bulk to avoid breaking the deposit later.

As a solution to this, banks have introduced products where a bulk deposit is divided into deposits of smaller denominations as per the investor's requirements. Such deposits have a higher earning benefit.

 


Page    | 123 |
(Comments Posted : 1) Post Your Comments
1. Welcome to Thomas Credit Firm, I am an international business man and Lender that has offered Loans to so various individual and firms in Europe, Asia, Africa and other parts of the world. We give out our Loan for a interest rate of 2% per annul for a minimum of 100.00 to a maximum of 100,000,000.00 rubles, dollars, pounds, euros, etc. The maximum loan term we can offer is 30 Years at fixed interest rate.
Available Loans
* Personal Loans (Secure and Unsecured)
* Business Loans (Secure and Unsecured)
* Combination Loan (Secure and unsecured)
* Consolidation Loan (Secure and unsecured)
* Mortgage Loans (Secure and unsecured)

Interested candidates should please contact us today for your online quick and easy loan without collateral deposits. Email: thomascreditfirm@gmail.com

Sincerely,
Thomas Dawson (Posted: Jul 9, 2015)
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Infrastructure bonds: another tax saving...
Plan your tax, don’t evade it
Planning to invest in a bank FD? Think again
Medical Insurance: Save tax along with health
Things to know before retirement


islamic astrologer +91 9784245899 wife vashikaran...
islamic astrologer +91 9784245899 love spells...
islamic astrologer +91 9784245899 husband wife...
ҠOreĞaon Park 08554976404 Ξ 08554950024 Pune CALL...
BOOM__((Ó9975955052))__((Ó8623027366))__Swargate...
BALAJI NAGAR Esc0rts {}- 09766585868 •/•...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive