Thursday, November 15, 2012

Fixed deposit rates Increase Has Lead To Opening Of The Account With The Bank Offering Highest Return

The benefit of availing the fixed deposit accounts are that you get a good return on the maturity of the account. The reason for the same is that the fixed deposit rates have been on a rise these days. Sometimes, investors face the problem of choosing between fixed deposits or fixed investment plans (which are like FDs in many aspects). It is varying in the range of 7% to 12% and considering the range that existed few years back, it is a tremendous increase. The only thing you need to do is to compare the interest rates around different banks so as to get the best of the bank to be linked with.

Fixed deposit rates have been on a rise these days thereby making people to get attract to it and open the fixed deposit account.

Summary: Fixed deposit rates increase has attracted people to open the fixed deposit account in the bank offering the maximum return on the maturity of the account.

3 comments:

Anonymous said...

dear,
on the site of the ratnakar bank the rate on the 10 year fixed deposit is 9.0 % and not as(when I click on your article) 14.35%, it is not true!
my name is Tony
e-mail: shiva2@caiway.nl

Unknown said...

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Unknown said...

This is really a great news that Fixed deposit rates Increase Has Lead To Opening Of The Account With The Bank Offering Highest Return.Today almost all banks give best bank interest rates so it is the best time for investments for all.