Best Fixed Deposit Interest Rate

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...