![]() Typically, the longer your FD period is, the higher the interest rate is. ![]() This can also be done via iMoney's online calculator. To get maximum returns from your deposits, check the rates of all the banks before opening an FD. Keep yourself updated with the latest FD promotions by checking iMoney's online calculator regularly (Scroll up to use the calculator).ĭifferent banks have different FD interest rates. Interest rates from FD promotions are usually higher than the board rate. Most banks run FD promotions a few times a year in order to entice new and recurring customers. As such, if you have some spare cash that you do not need access to, you can boost your income by choosing to invest in it. FD's generally provide savers with higher interest rates than regular savings accounts.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |