Recurring Deposits (RD) are a great way to deposit bit by bit and yield a high amount on maturity. A very popular tool for those who cannot use the entire savings but a few thousands in order to get a high amount back on maturity. The interest charged on these deposits is similar to the…
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Fix your Savings!
Bank Fixed Deposits (FDs) are a very safeway to jumpstart your savings. If you have a savings account (I am sure we all do) then this is an article that will help you yield better returns. It is often advisable to park your savings funds into a fixed deposit for the simple reason that if…