Investkraft Blogs

 Fixed Deposits (FDs) are a popular investment tool, especially favoured by those seeking a stable and predictable return on their savings. They offer a secure haven for your money, shielding it from market volatility while generating consistent interest income. Let us explore the ins and outs of FDs to understand why they remain a cornerstone of many investment portfolios.What is a Fixed Deposit?A Fixed Deposit is a financial instrument offered by banks and non-banking financial companies (NBFCs) where you deposit a lump sum of money for a predetermined period. The institution pays you a fixed interest rate over the chosen tenure. Unlike a savings account where you can withdraw funds...