FDs are one of the go-to investment options among investors in India for several reasons, including:
- Anyone can invest in FD online, you need not have any financial knowledge.
- It provides assured returns at fixed interest rate, making it an ideal investment choice for risk-averse investors.
- The prevailing market conditions do not have any effect on the returns.
- You can start investing in FD with as small an amount as Rs. 5000 and invest up to Rs.5 crore
- If you are a senior citizen, you get higher returns
- It is an excellent investment option to secure your retirement and achieve long-term goals
- You can also invest in an FD and keep the amount as an emergency fund while allowing your savings to grow every year.
So, open an fixed deposit with Mahindra Finance, and enjoy all these benefits.