Summary:
Pune, Maharashtra, India (NewsVoir) In response to the 50-basis point hike in the repo rate recently, issuers are now offering higher FD rates.
This makes for a great opportunity for investors like you to secure your future.
After all, FD rates have a direct correlation with the earnings you accumulate during the investment tenure.
High FD rates mean you get a larger payout at the time of maturity, and you can forecast the increase in your earnings with ease using an FD calculator.
Handsome returns are not the only way fixed deposits help you secure your financial well-being.
Given that an FD is a low-risk instrument, it diversifies your portfolio.
This helps adjust the risk levels of your overall investments and assures stable earnings.
Today, there are myriad options available to you to choose from and start growing your wealth.