Fixed Deposits

Fixed Deposits Made Simple

Fixed Deposits (FDs) are a reliable and straightforward investment option. They provide a safe harbour for your hard-earned money, offering guaranteed returns with minimal risk. In this era of financial uncertainty, FDs stand as a beacon of stability. FDs are financial instruments where you deposit a lump sum with a financial institution for a predetermined tenure. In return, you earn a fixed interest rate, making it an ideal choice for risk-averse investors.

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Why Choose Benefits with Us

Assured Returns

You'll earn a fixed interest rate, ensuring the safety of your principal amount.

Flexible Tenure Options

Choose a tenure that suits your financial goals.

Low to Zero Risk

FDs are one of the safest investment options.

High Liquidity

In case of an emergency, you can prematurely withdraw your FD with a slight penalty.

Loan against FD

You can avail of a loan against your FD, helping you in times of need.

Nomination Facility

Ensure a smooth transition of your investment to your loved ones.

Advantages You Get

Regular Fixed Deposits

These are standard FDs with flexible tenure options.

Tax-saving Fixed Deposits

These FDs offer tax benefits under Section 80C of the Income Tax Act.

Senior Citizen Fixed Deposits

Exclusively for senior citizens, these FDs offer higher interest rates.

Frequently Asked Questions

What is the minimum amount required to start a SIP?

Many mutual fund schemes allow you to start a SIP with a small monthly amount, often as low as a few hundred rupees, though this varies by scheme. Check the specific fund's minimum investment criteria before starting.

Can I withdraw my mutual fund investment anytime?

Most open-ended mutual funds allow you to redeem your units on any business day, subject to any applicable exit load. Some schemes, like ELSS funds, have a mandatory lock-in period during which withdrawals aren't permitted.

Is my money safe in a mutual fund?

Mutual funds are regulated investment vehicles, but they are market-linked, which means their value can go up or down based on market conditions. They are not guaranteed or risk-free, and mutual fund investments are subject to market risks.

Do I need a demat account to invest in mutual funds?

No, a demat account is not mandatory for investing in mutual funds. You can hold your units in the regular statement-of-account (non-demat) mode, which is the more common route for retail mutual fund investors.

What documents are required for KYC?

Standard KYC typically requires proof of identity (such as a PAN card), proof of address, and a recent photograph. Once your KYC is completed and verified, it is generally valid across all mutual fund investments.

Start investing smartly with Fixed Deposits and grow your wealth over time.

Invest in Fixed Deposits