Fixed Deposit (FD): Interested in investing in FDs, these 3 tips can help you maximise returns
Fixed Deposits (FDs) attract a lot of investors since they offer guaranteed returns and are not prone to market fluctuations. With the banking sector performing well for some time, a lot of lenders are offering attracting interest rates. However, if you also want to invest your lump sum amount in a FD, keep these three things in mind that can help you maximise your returns.
Before investing in FD, invest money only after thinking carefully about its tenure. Photo: File/Representational