Savings account facilitates
withdrawal of money any time with no maturity period. Rather, a fixed deposit
does not entertain untimely maturity of money. Thus, whosoever wants to grow
his money and keep it safe should opt for fixed deposits as investment option.
Some of its benefits are - Amount deposited in fixed deposits remain safe and
are secured for a long time till its maturity; and the investors get to earn a
significant return on these attractive fixed deposit rates. Fixed deposits are
highly sought-after investment plans among the depositors and the investors
these days. As their attractive fixed
deposit rates provide better returns and safety of funds.
Summary: Fixed deposit rates
by the banks and other financial and monetary institutions have proven
advantageous for the depositors and investors so far. Introducing lucrative and
attractive, thus making them benefit from their investments and deposits.
No comments:
Post a Comment