Know About Fixed Deposit (FD)

Fixed Deposits (FDs) are a low-risk savings tool that helps individuals grow their wealth without market risks. Shriram Finance, a leading Non-Banking Financial Company (NBFC) in India, offers FDs with competitive interest rates, flexible tenors, and various benefits. Here's a closer look at what Shriram Finance FD s have to offer. Overview of Shriram Finance FD Shriram Finance provides Fixed Deposits as a stable savings option for both short-term and long-term investments. These FDs offer a predictable rate of return, allowing savings to grow steadily over time. They are designed for individuals who prioritise stable returns over the higher, but riskier, gains associated with other investment options. Shriram Finance FD Interest Rates The interest rates on Shriram Finance FD s vary depending on several factors, including the chosen tenor, the type of depositor (e.g., senior citizens or non-senior citizens), and the specific FD scheme. Here is a breakdown of the Shriram Finance F...

Fixed Deposits (FDs) are a popular investment option in India due to their low-risk nature and predictable returns. YES Bank, a prominent financial institution, offers a range of FD options that cater to varying financial goals. These options provide flexibility in tenor, competitive interest rates, and a choice between cumulative and non-cumulative interest payouts. By understanding the YES Bank FD interest rates and effectively utilising tools like the YES Bank FD calculator , you could maximise your returns while keeping your investment secure. What Are YES Bank Fixed Deposits? A Fixed Deposit (FD) with YES Bank allows you to invest a lump sum amount for a predetermined period, referred to as the tenor. During this tenor, your deposit earns interest at a fixed rate, ensuring predictable growth of your funds. Upon maturity, you receive the principal amount along with the accumulated interest, providing a reliable return on your investment. YES Bank FD s are structured to meet the di...

Corporate Fixed Deposits (FDs) serve as a valuable savings tool for businesses aiming to achieve a stable return on their excess funds. Offered by companies, unlike those issued by banks and NBFCs, corporate FDs often provide higher interest rates but also carry varying levels of risk. To ensure a well-informed choice, it is important to consider several critical factors when selecting the most favourable corporate FD rate for your business. Understand Corporate FD Rates Corporate FD rates vary based on the issuing company’s credit rating, market conditions, and the investment tenor. These rates are expressed as annual percentages (p.a.). A higher rate may seem attractive, but it is crucial to evaluate the issuing company’s credibility. Evaluate the Company's Credit Rating Credit rating agencies like CRISIL assess the financial health of companies and assign ratings. Higher-rated companies (AAA or AA ratings) are more reliable and less likely to default on payments. While lower-rat...