7 Fundamental Things To Know About Fixed Deposits
BANGALORE: If you want a safe and intelligent investment, fixed deposit is the one to go for. Fixed deposits are high on popularity after the increase in interest rates in the last few years. A huge sum of money deposited for a certain period of time can earn a pre-determined rate of interest.
These schemes are offered by both banks and companies, but it is wise to opt for banks, because of safety reasons. Here are few things that you should keep in mind about fixed deposit accounts in India.
1. Safety
Fixed Deposits are the safest investment policies in today’s economy. 
If it is a reputed bank, you can be rest assured, because these are all controlled carefully by the Reserve Bank of India. Safety should determine how one invests one’s money and this is the ultimate.
