5 things investors must know about fixed deposits before investing
Are you thinking of investing in fixed deposits? If yes, then you need to know these important things about FD which banks often keep hidden from investors. Here are five important aspects, including security limitations, tax implications and more, that every investor needs to know.
ZeeBiz WebTeam | Oct 09, 2024, 06:12 PM IST
Many people invest in Fixed Deposits (FDs) believing they offer guaranteed returns and that their money is completely safe. However, the reality is that your funds aren’t 100 per cent secure, even in an FD.
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Five important points to consider before investing in FDs
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How safe is your money?
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How safe is your money?
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Tax on Interest
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Tax on Interest
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Fixed Interest Rates
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Fixed Interest Rates
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Penalty for Premature Withdrawal
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Penalty for Premature Withdrawal
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