When it comes to investing, understanding how to effectively utilize fixed deposits (FDs) can be a game-changer. FDs provides a safe haven for your savings and generates a fixed return over time, making them an attractive option for both short-term and long-term financial goals. Let’s explore the best FD investment strategies that can assist you in maximizing your returns, regardless of your financial timeline. What is an FD? An FD is a financial instrument offered by banks and NBFCs, also known as non-banking financial companies. It allows you to deposit a lump sum amount for a specified tenure at a…
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