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Check out the Best NBFC to Start a 1-Year Fixed Deposit in 2022!

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Building an investment portfolio is the biggest success you can achieve financially. Many investors have a considerable amount of money and want to start their investment journey. However, they are usually unaware of choosing the right investment option. A Fixed Deposit (FD) for one year is the shortest yet most beneficial investment option in 2022. If you are beginning your investment journey or planning for a temporary investment, one year fixed deposit with Shriram is your go-to option. With the current economic crisis, the need for investment is increasing daily. Investment options like Mutual Funds, Systematic Investment Plans and Stocks offer attractive interest rates in 2022, but investors are alarmed by the frequent fluctuation in the market condition. A  fixed deposit   account with an NBFC like Shriram is stable and helps investors peacefully sail through the current financial crunch with a beneficial income. Corporate Fixed Deposit A Corporate Fixed Deposit (Company...
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What is a Fixed Deposit Account? How to Create Online?

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The biggest challenge about saving money is “how to get started?”. While you cannot control the economy, you can manage your money. “Do not save what is left after spending, but spend what is left after saving,” said Warren Buffett, Chairman and CEO of Berkshire Hathaway. So, this guide will help you understand a Fixed Deposit (FD) and simple ways to book an FD online to enjoy savings. Fixed deposit is the most popular and trusted investment because it offers an assured rate of return, easy liquidation and much more. So, what is a Fixed Deposit? What is a Fixed Deposit? An FD is an investment option offered by banks and NBFCs  ( Non-Banking Financial Companies ) to help customers save money. It is a savings scheme in which a sum of money is invested for fixed interest and tenure agreed upon between the depositor and banks or NBFCs. Although the depositor solely decides the tenure (7 – 14 days to many years), t he  fixed deposit interest rates  (varies across banks) are de...
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