Bank FDs
Bank FDs are locked in for a set period for a fixed interest, offering safety and guaranteed returns.
4 Types Of FDs To Choose From
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Company FDs
Company FDs are offered by corporations and allow investors to deposit funds for a fixed term, with higher interest rates than banks.
Tax-Saving FDs
Tax-saving FDs allow investors to claim tax deductions under Section 80C of the Income Tax Act, with a minimum lock-in period of five years.
Senior Citizen FDs
Senior citizen FDs offer higher interest rates for individuals aged 60 and above, providing guaranteed returns and safety for retirement savings.
Compiled By Himani Verma
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