Square Ventures Wealth Management

What is Fixed deposit?

Fixed deposit is investment instruments offered by banks and non-banking financial companies, where you can deposit money for a higher rate of interest than savings accounts.

WHAT IS Interest rates?

Interest rates on FDs are fixed when you open the deposit and the rate depends on the term that you wish to hold it for

Secure investment

A Fixed Deposit offers guaranteed returns. Unlike market-led investments where returns fluctuate over time, the returns on an FD are fixed when you open the account.

What Are The Benefits Of A Fixed Deposit (FD)?

For Indians, investing in a fixed deposit has always been one of the preferred choices.

Fixed returns

A fixed deposit offers guaranteed returns. The rate of interest offered to you when you open an FD remains constant throughout your tenure.

Regular income

If you wish to get a regular income, you can opt for monthly or quarterly interest pay-outs.

Hassle-free investment

If you have a savings account, you can open a FD in just a few clicks or by visiting the nearest branch. Once you open it, you don’t have to worry about it till it matures.

Fixed deposit