Invest in Fixed deposits....

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Invest in Fixed deposits....

Post by jiten702 on Sat Oct 09 2010, 14:05

Fixed Deposits(FDs) are financial instruments where an investor deposits a lump sum of money for a fixed period ranging from a few weeks to a few years and earns a pre-determined rate of interest. One of the factors that influence the rate of interest would be the tenure of the deposit.FDs are normally offered by banks. Fixed deposits are a secured way to save your hard earned money.

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Re: Invest in Fixed deposits....

Post by ronak on Wed Feb 29 2012, 17:55

Hey thanks for the useful information, even I heard that Fixed Deposits are safest way of investment. There are many banks that offers Fixed Deposits services like HDFC , ICICI and SBI.

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