5 Reasons to Consider Fixed Deposits for Your Long Term Savings Goals
Fixed Deposits (FDs) are a prudent choice for long-term savings goals for several compelling reasons. Firstly, FDs offer stability and security, ensuring your capital remains protected. Secondly, they typically provide higher interest rates compared to regular savings accounts, helping your money grow steadily over time.Thirdly, FDs are low-risk investments, making them suitable for risk-averse individuals.