What is FIXED DEPOSIT ?
A fixed deposit is a type of savings account offered by banks and other financial institutions, where the depositor places a lump sum of money for a fixed period of time, typically ranging from 1 month to 10 years. The depositor earns a fixed rate of interest on the deposit, which is paid out at maturity. Fixed deposits are considered low-risk investment options and are a popular choice for individuals looking for a secure, steady source of income. It’s important to compare the interest rates offered by different financial institutions before investing in a fixed deposit.
Why Invest in FIXED DEPOSIT ?
Investing in a fixed deposit provides a secure and low-risk option for saving and growing your money. Some reasons to consider a fixed deposit include:
Overall, fixed deposits can be a good choice for those looking for a low-risk investment option with guaranteed returns and predictable income.
Why Kevalgyan Capital
- • Offers low-risk, guaranteed returns for stability and security
- • Provides a stable source of income
- • Provides easy liquidity for short-term needs
- • Supports portfolio diversification
- • Supports portfolio diversification