how is fixed deposit better than any other

Post on 04-Jul-2015

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Get to know more about Fixed Deposit and FD interest Rates and also how Fixed Deposit better than other investments.

TRANSCRIPT

How Is Fixed Deposit

Better Than Any Other

Investment?

Presented By: Narendra Pratap

Fixed deposits(Visit: http://www.bankbazaar.com/fixed-deposit.html) refer to the financial instrument provided by banks where the investors get a higher rate of interest than a regular account until the maturity date. The investors cannot withdraw their money from fixed deposits before the maturity date and neither can they withdraw it by giving any advance notice.

Investments refer to the usage of the money in an economical way. An investor can invest his money in physical properties or increase his assets such as buildings, machinery, factory etc.

Unbeatable advantages of Fixed

Deposits

Fixed Deposits are purely safe

The fixed deposits are entirely safe from reputed banks and financial institutions regulated by RBI. The banking systems in India are very much safe and are reliable to their customers.

Unbeatable advantages of Fixed

Deposits

Standard Return

From FD the investor gets a regular income and also get attractive rate of interest. This

could be a good opportunity to old age people as they could get regular and fixed

income.

Unbeatable advantages of Fixed

Deposits

Save taxes

The investments in the FD are also beneficial for customers in reducing or saving their

taxes from Income Tax Department of India. The amount that is up to Rs. One lakh for

five years is tax exempted under section 80 C of income tax act. This makes FD more

popular among investors.

Invest wisely!

Thank You

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