Fixed Deposits Services at Service Adda
Fixed deposits are generally considered one of the major ways of saving liquid assets for the
long term. Many people make use of the FD scheme of nationalized banks to keep their money
secure and benefit from the interests of the money deposited by them. But apart from banks a
number of non-banking institutions also offer similar Fix deposit schemes for its investors.
These corporate are in need of huge capital to fund their operations and thus issue deposit
certificates to its investors for a fixed tenure but at a high interest rate compared with banks.
Many investors also prefer the Fix deposit investments with these corporate as there is good
ROI for these schemes. Also the investors are free to choose their investment tenure according
to their convenience. Premature encashment of deposits is also possible along with a small
penalty. These types of fixed deposits are offered by Non-Banking financial companies, housing
finance companies, manufacturing companies and Government agencies. Though these
deposits come with high interest rates, they are not devoid of risks. That is why optimal
financial planning from an eminent financial expert is important.
Service Adda is one of the most eminent online financial planning consultants who help in the
proper management of individual finance. We render direction and meaning to one’s financial
decisions and influence their financial decisions. We help in devising appropriate fix deposit
investment schemes, according to the needs and finances of the investor and offer a
comprehensive and coordinated approach in achieving one’s personal financial goals.