Investment requires a wise decision based on the level of risk an individual can afford. If you
are looking for low-risk investment opportunities, then Fixed Deposit and Recurring Deposit
are the best two investment options. Making the decision to pick from these two options is
a tricky and investor has to consider few facts. For this, decide on the important factors like-
Interest rate: FD provides 8-9% and RD provides 5-7%. FD pays interest periodic and RD pays at maturity. Loan facility is also available in FD but not in RD.
Return: FD definitely provides a higher return compared to RD as FD is a one-time
investment and RD is a periodic investment.
No matter whether you pick FD or RD for investment, Bajaj Finance provides the best
deposit options. The investor gets high interest for their investment, flexible tenors, periodic
interest payouts and other benefits. Online is the best place to find the interest rates that
different banks and non-bank financial corporations provide on both FD and RD. Each of
these deposit schemes has tax benefits and provides safety of money, both is best.
However, depending on different factors, an investor can choose the right one.
People can also decide to invest a lump sum amount in FD and the remaining part in RD
depending on the income, expenditure, saving and return required. People who do not have
a sum of money can find RD best. People with a lump sum of money can earn high interest
by choosing FD.
are looking for low-risk investment opportunities, then Fixed Deposit and Recurring Deposit
are the best two investment options. Making the decision to pick from these two options is
a tricky and investor has to consider few facts. For this, decide on the important factors like-
Interest rate: FD provides 8-9% and RD provides 5-7%. FD pays interest periodic and RD pays at maturity. Loan facility is also available in FD but not in RD.
Return: FD definitely provides a higher return compared to RD as FD is a one-time
investment and RD is a periodic investment.
No matter whether you pick FD or RD for investment, Bajaj Finance provides the best
deposit options. The investor gets high interest for their investment, flexible tenors, periodic
interest payouts and other benefits. Online is the best place to find the interest rates that
different banks and non-bank financial corporations provide on both FD and RD. Each of
these deposit schemes has tax benefits and provides safety of money, both is best.
However, depending on different factors, an investor can choose the right one.
People can also decide to invest a lump sum amount in FD and the remaining part in RD
depending on the income, expenditure, saving and return required. People who do not have
a sum of money can find RD best. People with a lump sum of money can earn high interest
by choosing FD.
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