Gud Story
  • Home
  • Business
    • All
    • Automotive
    • Crypto
    • Education
    • Entrepreneurs
    • Finance
    • Healthcare
    • Industries
    • Insurance
    • Investment
    • Legal
    • Retail
    • Share Market
    • Startup
    Mileage Logs

    Mileage Logs: The Importance of Keeping Accurate Records

    Ways of Investing

    Current Ways of Investing 2023

    DHL Parcel Tracking

    DHL Parcel Tracking: Keeping You Informed Every Step of The Way

    Online BLS Certification

    You Need to Obtain Online BLS Certification For Your Private Practice Employees – Here’s Why

    Getting Your Car Painted

    Things to Know and Consider Before Getting Your Car Painted

    Jobs in Johannesburg

    3 Reasons How Johannesburg Offers More Job Opportunities and Better Quality of Life

    Trending Tags

    • Decor
      • All
      • Design Ideas
      • Events
      • Furniture
      • Gardening
      • Home Repair
      • Housekeeping
      • HVAC Control System
      • Kitchen
      • Painting
      • Pest Control
      • Plumbing
      Places To Buy A Bathroom Vanity

      12 Best Places To Buy A Bathroom Vanity: Enhance The Functionality & Usability

      Murano Glass Sculpture

      How to Choose a Murano Glass Sculpture for A Classic Home Decor

      Prepare Your Roof for Extreme Weather Conditions

      Prepare Your Roof for Extreme Weather Conditions

      Building a Vacation Home

      6 Things to Consider Before Building a Vacation Home

      Hydrangea Bouquet

      Elevate Your Wedding Décor with Hydrangea Bouquets

      Gold Coast Event Hire

      Why Gold Coast Event Hire Should Be A Priority for Your Business

      Trending Tags

      • Lifestyle
        • All
        • Beauty
        • Culture
        • Drink
        • Fashion
        • Food
        • Hair Care
        • Health
        • Jewellery
        • Make up
        • Parenting
        • Shopping
        • Skin Care
        • Travel
        How to Analyze a Vedic Astrology Chart- Easy Guidance

        How to Analyze a Vedic Astrology Chart- Easy Guidance

        Learn How To Make Saline Solution?

        Learn How To Make Saline Solution?

        Make Your Candles Ready to Be Sold in Stores

        How to Make Your Candles Ready to Be Sold in Stores?

        Step-By-Step Tips Of How To Tie A Jiu-Jitsu Belt?

        Step-By-Step Tips Of How To Tie A Jiu-Jitsu Belt?

        Secret Santa Gift Guide For Everyone

        Secret Santa Gift Guide For Everyone

        Ways To Style A Bodycon Mini Dress

        Ways To Style A Bodycon Mini Dress

        Trending Tags

        • Sports
          • All
          • Basketball
          • College Football
          • Cricket
          • Formula 1
          • MLB
          • NBA
          • NCAA
          • NFL
          • NHL
          • WWE
          Issy Wong WPL

          Women’s Premier League: Issy Wong takes first WPL hat-trick

          RCB IPL 2023

          IPL 2023: Can RCB capitalize at home in the first half of the Season

          Lionel Messi vs Panama

          Lionel Messi becomes second-ever player to reach 800 career goals

          Harry Kane ( Italy vs England)

          Harry Kane becomes England’s all-time record goal scorer!

          IPL 2023 Playing Conditions

          IPL 2023: BCCI Introduces Rule changes and Playing conditions

          Roman Reigns and Cody Rhodes

          WWE RAW: Roman Reigns Confronts Cody Rhodes a week before WrestleMania

          Trending Tags

          • Gaming
            • All
            • Apex Legends
            • Call of Duty
            • CS:GO
            • Esports
            • FIFA
            • Fortnite
            • Genshin Impact
            • GTA
            • Guides & Tips
            • League of Legends
            • Overwatch
            • Pokemon
            • Valorant
            Diablo 4 Support Cross-Player

            Does Diablo 4 Support Cross-Player

            Nightmares Boss Challenging

            Destiny 2 Devs Making Root of Nightmares Boss Challenging

            Trainer's Toolbox Pokemon

            What’s in The Trainer’s Toolbox 2023 for The Pokemon Trading Card Game

            FaZe Clan Reportedly

            FaZe Clan Reportedly Looking to Go Private

            A Complete Guide On How To Shuffle Cards?

            A Complete Guide On How To Shuffle Cards?

            how to play JetX

            JetX Review from Parimatch Canada Learn How to Play JetX and Hit The Jackpot

            Trending Tags

            • Tech
              • All
              • Apps
              • Blockchain
              • Digital Marketing
              • Gadgets
              • How To
              • Mobile
              • NFT
              • PC & Mobile
              • Science
              • Solar Energy
              • Work Life
              Chat Gpt Sign Up Method

              Chat Gpt Login Now and Sign Up Method

              ShowBox App

              Unlock Endless Entertainment Possibilities with Show Box: The Only Streaming App You Need

              Easiest Ways Of How To Contact Elon Musk?

              Easiest Ways Of How To Contact Elon Musk? 

              Custom Vs Pre-Designed Logo

              Custom Vs Pre-Designed Logo: Which is Better for Melbourne Businesses?

              Well-Designed Logo

              How a Well-Designed Logo Can Create a Brand Identity for Sydney Businesses?

              UKG Pro Login

              Easy Way for UKG Pro Login 

              Trending Tags

              • Entertainment
                • All
                • Anime
                • Biography
                • History
                • Quotes
                • TV & Movies
                Lisa Rinna

                Lisa Rinna’s Advice Saved Delilah From The Scariest Moment In Her Life

                Beast  Box Office Collection

                Vijay Starrer Beast Worldwide Closing Box Office Collections

                Kundali Bhagya

                Kundali Bhagya: Ira Sone Opens Up About Playing Onscreen Mother

                Valimai OTT Release Date

                Ajith Kumar-starrer Valimai OTT Release Date, Cast, Trailer & More  

                Kashmir Files

                The Kashmir Files and the Propaganda Controversy

                Is Andrew Garfield Gay

                Rumour or Reality: Is Andrew Garfield Gay?

                Trending Tags

                No Result
                View All Result
                Gud Story
                • Home
                • Business
                  • All
                  • Automotive
                  • Crypto
                  • Education
                  • Entrepreneurs
                  • Finance
                  • Healthcare
                  • Industries
                  • Insurance
                  • Investment
                  • Legal
                  • Retail
                  • Share Market
                  • Startup
                  Mileage Logs

                  Mileage Logs: The Importance of Keeping Accurate Records

                  Ways of Investing

                  Current Ways of Investing 2023

                  DHL Parcel Tracking

                  DHL Parcel Tracking: Keeping You Informed Every Step of The Way

                  Online BLS Certification

                  You Need to Obtain Online BLS Certification For Your Private Practice Employees – Here’s Why

                  Getting Your Car Painted

                  Things to Know and Consider Before Getting Your Car Painted

                  Jobs in Johannesburg

                  3 Reasons How Johannesburg Offers More Job Opportunities and Better Quality of Life

                  Trending Tags

                  • Decor
                    • All
                    • Design Ideas
                    • Events
                    • Furniture
                    • Gardening
                    • Home Repair
                    • Housekeeping
                    • HVAC Control System
                    • Kitchen
                    • Painting
                    • Pest Control
                    • Plumbing
                    Places To Buy A Bathroom Vanity

                    12 Best Places To Buy A Bathroom Vanity: Enhance The Functionality & Usability

                    Murano Glass Sculpture

                    How to Choose a Murano Glass Sculpture for A Classic Home Decor

                    Prepare Your Roof for Extreme Weather Conditions

                    Prepare Your Roof for Extreme Weather Conditions

                    Building a Vacation Home

                    6 Things to Consider Before Building a Vacation Home

                    Hydrangea Bouquet

                    Elevate Your Wedding Décor with Hydrangea Bouquets

                    Gold Coast Event Hire

                    Why Gold Coast Event Hire Should Be A Priority for Your Business

                    Trending Tags

                    • Lifestyle
                      • All
                      • Beauty
                      • Culture
                      • Drink
                      • Fashion
                      • Food
                      • Hair Care
                      • Health
                      • Jewellery
                      • Make up
                      • Parenting
                      • Shopping
                      • Skin Care
                      • Travel
                      How to Analyze a Vedic Astrology Chart- Easy Guidance

                      How to Analyze a Vedic Astrology Chart- Easy Guidance

                      Learn How To Make Saline Solution?

                      Learn How To Make Saline Solution?

                      Make Your Candles Ready to Be Sold in Stores

                      How to Make Your Candles Ready to Be Sold in Stores?

                      Step-By-Step Tips Of How To Tie A Jiu-Jitsu Belt?

                      Step-By-Step Tips Of How To Tie A Jiu-Jitsu Belt?

                      Secret Santa Gift Guide For Everyone

                      Secret Santa Gift Guide For Everyone

                      Ways To Style A Bodycon Mini Dress

                      Ways To Style A Bodycon Mini Dress

                      Trending Tags

                      • Sports
                        • All
                        • Basketball
                        • College Football
                        • Cricket
                        • Formula 1
                        • MLB
                        • NBA
                        • NCAA
                        • NFL
                        • NHL
                        • WWE
                        Issy Wong WPL

                        Women’s Premier League: Issy Wong takes first WPL hat-trick

                        RCB IPL 2023

                        IPL 2023: Can RCB capitalize at home in the first half of the Season

                        Lionel Messi vs Panama

                        Lionel Messi becomes second-ever player to reach 800 career goals

                        Harry Kane ( Italy vs England)

                        Harry Kane becomes England’s all-time record goal scorer!

                        IPL 2023 Playing Conditions

                        IPL 2023: BCCI Introduces Rule changes and Playing conditions

                        Roman Reigns and Cody Rhodes

                        WWE RAW: Roman Reigns Confronts Cody Rhodes a week before WrestleMania

                        Trending Tags

                        • Gaming
                          • All
                          • Apex Legends
                          • Call of Duty
                          • CS:GO
                          • Esports
                          • FIFA
                          • Fortnite
                          • Genshin Impact
                          • GTA
                          • Guides & Tips
                          • League of Legends
                          • Overwatch
                          • Pokemon
                          • Valorant
                          Diablo 4 Support Cross-Player

                          Does Diablo 4 Support Cross-Player

                          Nightmares Boss Challenging

                          Destiny 2 Devs Making Root of Nightmares Boss Challenging

                          Trainer's Toolbox Pokemon

                          What’s in The Trainer’s Toolbox 2023 for The Pokemon Trading Card Game

                          FaZe Clan Reportedly

                          FaZe Clan Reportedly Looking to Go Private

                          A Complete Guide On How To Shuffle Cards?

                          A Complete Guide On How To Shuffle Cards?

                          how to play JetX

                          JetX Review from Parimatch Canada Learn How to Play JetX and Hit The Jackpot

                          Trending Tags

                          • Tech
                            • All
                            • Apps
                            • Blockchain
                            • Digital Marketing
                            • Gadgets
                            • How To
                            • Mobile
                            • NFT
                            • PC & Mobile
                            • Science
                            • Solar Energy
                            • Work Life
                            Chat Gpt Sign Up Method

                            Chat Gpt Login Now and Sign Up Method

                            ShowBox App

                            Unlock Endless Entertainment Possibilities with Show Box: The Only Streaming App You Need

                            Easiest Ways Of How To Contact Elon Musk?

                            Easiest Ways Of How To Contact Elon Musk? 

                            Custom Vs Pre-Designed Logo

                            Custom Vs Pre-Designed Logo: Which is Better for Melbourne Businesses?

                            Well-Designed Logo

                            How a Well-Designed Logo Can Create a Brand Identity for Sydney Businesses?

                            UKG Pro Login

                            Easy Way for UKG Pro Login 

                            Trending Tags

                            • Entertainment
                              • All
                              • Anime
                              • Biography
                              • History
                              • Quotes
                              • TV & Movies
                              Lisa Rinna

                              Lisa Rinna’s Advice Saved Delilah From The Scariest Moment In Her Life

                              Beast  Box Office Collection

                              Vijay Starrer Beast Worldwide Closing Box Office Collections

                              Kundali Bhagya

                              Kundali Bhagya: Ira Sone Opens Up About Playing Onscreen Mother

                              Valimai OTT Release Date

                              Ajith Kumar-starrer Valimai OTT Release Date, Cast, Trailer & More  

                              Kashmir Files

                              The Kashmir Files and the Propaganda Controversy

                              Is Andrew Garfield Gay

                              Rumour or Reality: Is Andrew Garfield Gay?

                              Trending Tags

                              No Result
                              View All Result
                              Gud Story
                              No Result
                              View All Result
                              Home Entertainment TV & Movies

                              What Makes FD an Attractive Investment Option

                              Admin by Admin
                              November 27, 2019
                              in TV & Movies
                              Reading Time: 3 mins read
                              0
                              What Makes FD an Attractive Investment Option
                              Share on FacebookShare on Twitter

                              Fixed Deposits (FDs) have been one of the most preferred investment options for Indians for a very long time. This is due to the risk-free nature and guaranteed returns after a stipulated period of time. FDs inculcate the habit of saving in people by making them set aside a specific lump sum amount every month for a fixed period. Many banks and NBFCs now provide Fixed Deposits with flexible tenors and competitive interest rates, so that the customer can choose the one that would best fit his/her investment plan.

                              Since it is a steady source of income, it can be easily availed by youths as well as senior citizens. Several reasons make FDs one of the best investment options for any kind of investor.

                              Some of the major ones are listed below:

                              1. Assured Returns

                              The most crucial reason why Fixed Deposits are such a popular choice is their reliability. FDs are easy to avail of and offer guaranteed returns. Once you park a certain sum of money in an FD, it will multiply as per the FD interest rate and offer undoubtedly higher returns.

                              Since there are no risks involved in FDs, it provides assured returns post the tenor of the fixed deposit. Companies also provide several facilities regarding higher yields and flexible tenor, making it one of the best options for FDs in the market.  

                              ADVERTISEMENT

                              2. Higher Rate of Interest

                              FD interest rates are much higher compared to the saving deposit rates, which makes it a more preferable option. Fixed deposits are offered by banks as well as NBFCs. The rate of interest provided by NBFCs is generally higher than banks. However, certain financial companies provide FD Interest Rate as high as 8.46%, which can give you higher returns than most banks. You can also use the FD calculator to calculate the interest and tenor before choosing an FD that fits your needs.

                              3. Liquidity

                              With Fixed Deposits, you can withdraw funds according to your needs any time; however, there are minimal penalty charges for doing the same. This might affect the returns marginally; however, the flexibility of being able to withdraw the amount can help you out during an emergency or financial crunch. However, if you go for Fixed Deposits with NBFCs, you can also avail the facility of withdrawing money any time with extremely negligible penalty charges.

                              4. Higher Flexibility

                              The tenor of fixed deposits generally can range from 7 days to 10 years, depending on the scheme that you choose to go for. This gives you the flexibility to choose a tenure that is suitable for your preferences and finances. You get several options for tenor when you avail Fixed Deposits with NBFCs which lets you optimize your investments according to your goals.

                              5. Tax Benefits

                              With Fixed Deposits, you can get tax exemption benefits under Section 80C. It is important to note that the interest rates on these fixed deposits are taxable. However, the investor can claim deduction up to a maximum of Rs. 150,000 on the invested amount if they invest in tax saver fixed deposits of 5 years.

                              Based on the advantages above, Fixed Deposits can be considered as one of the most lucrative investment options for any kind of investor who wants assured returns with minimal risks.

                              Tags: fd investmentFixed Deposits

                              Related Posts

                              In The 1999 Pokemon By Penn Badgley Reveals His Leading Part

                              In The 1999 Pokemon By Penn Badgley Reveals His Leading Part

                              March 22, 2023
                              Horror Movies on Disney Plus

                              7 Best Horror Movies on Disney Plus Right Now

                              March 15, 2023
                              How to Stream TV Shows for Free

                              How to Stream TV Shows for Free: A Comprehensive Guide

                              March 13, 2023
                              Characters From Honor Among Thieves In All D&D

                              Characters From Honor Among Thieves in All DD

                              March 12, 2023
                              ADVERTISEMENT
                              Gud Story

                              Gudstory is the ultimate guide that will keep you updated about almost everything and anything. We aim to provide our readers with an informative detail about the viral stories that have been occurring around us. Here at Gudstory, we focus on delivering our readers with the latest information about everything.

                              The stories that we cover specialize in a wide niche which includes News, Lifestyle, Fashion, Entertainment, Technology, and Women. The purpose of the blogs and articles is to keep you updated using vivid formats and interesting styles so that significant information stays in your mind.

                              Business World

                              • Business
                              • Automotive
                              • Crypto
                              • Education
                              • Entrepreneurs
                              • Finance
                              • Insurance
                              • Investment
                              • Share Market
                              • Healthcare
                              • Industries
                              • Legal

                              Decor

                              • Home Improvement
                              • Design Ideas
                              • Events
                              • Furniture
                              • Gardening
                              • Home Repair
                              • Housekeeping
                              • HVAC
                              • Kitchen
                              • Painting
                              • Pest Control

                              Real Estate

                              • Real Estate
                              • Moving
                              • Construction
                              • Property Loan
                              • Selling a Home
                              • Buying a Home
                              • Commercial Real Estate

                              Company

                              • Advertise
                              • About Us
                              • Contact Us
                              • Home
                              • About
                              • Advertise
                              • Contact
                              • Privacy Policy

                              © 2018-22 Gud Story

                              No Result
                              View All Result
                              • News
                              • Business
                                • Automotive
                                • Education
                                • Finance
                                • Healthcare
                                • Investment
                                • Legal
                                • Real Estate
                                • Startup
                                • Entrepreneurs
                                • Industries
                                • Retail
                              • Decor
                                • Design Ideas
                                • Home Repair
                                • Furniture
                                • Gardening
                                • Kitchen
                                • Plumbing
                                • Housekeeping
                                • HVAC Control System
                                • Events
                              • Lifestyle
                                • Health
                                • Food
                                • Drink
                                • Travel
                                • Beauty
                                • Make up
                                • Hair Care
                                • Skin Care
                                • Fashion
                                • Jewellery
                                • Shopping
                              • Sports
                                • NBA
                                • NFL
                                • College Football
                                • MLB
                                • NHL
                              • Gaming
                                • Esports
                                • Apex Legends
                                • Battlefield
                                • GTA
                                • Call of Duty
                                • Fortnite
                                • Cosplay
                                • CS:GO
                                • FIFA
                                • Genshin Impact
                                • Guides & Tips
                              • Tech
                                • Work Life
                                • Science
                                • Apps
                                • Mobile
                                • Gadgets
                                • Digital Marketing
                                • How To
                                • PC & Mobile
                                • Blockchain
                                • NFT
                              • Entertainment
                                • Biography
                                • TV & Movies
                                • Anime
                                • Quotes
                                • History
                              • Relationship
                              • Women
                              • Animals
                              • Luxury
                                • Billionaires
                                • Leaders
                                • Cars & Bikes
                                • Jets
                                • NCAA
                                • UFC
                                • Culture
                                • Homes
                                • Hotels
                                • Interiors
                                • Formula 1

                              © 2018-22 Gud Story