If you are looking for an answer to your anxieties related to risk free investment, then Fixed Deposits are the solution. In Fixed Deposits you invest a certain sum of money which is fixed for a certain period of time. And that is why it pays you a greater amount of interest as compared to your normal savings account. Hence it is an ideal tool of investment for someone who wants to opt for a low risk long term investment.
· Fixed rate of interest on investment.
· Liquidity of funds. As you can break the FD before it’s maturity and withdraw the amount.
· Flexible duration.
· Tax Saving.
· The capital amount remains safe and secure.
