{"id":7309,"date":"2024-03-21T07:38:27","date_gmt":"2024-03-21T07:38:27","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=7309"},"modified":"2026-04-02T04:09:09","modified_gmt":"2026-04-02T04:09:09","slug":"best-fixed-deposit-to-invest-in-india","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/","title":{"rendered":"Best Fixed Deposit to Invest in India"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Fixed deposits are among the most widely used methods of investment in India. They are an easy-to-open, safe investment with decent profits. Those who are risk-averse and searching for a long-term investment have FDs as a well-liked financial approach. Financial gains on this<\/span><a href=\"https:\/\/goldenpi.com\/blog\/financial-matters\/cut-through-the-noise-investing-will-work-just-fine\/\"> <span style=\"font-weight: 400;\">investment<\/span><\/a><span style=\"font-weight: 400;\"> are assured. People usually have two kinds of fixed deposits, namely bank fixed deposits and corporate fixed deposits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A bank fixed deposit is an investment tool offered by banks to both ordinary and professional investors. One must deposit a set amount in a bank for a predetermined amount of time. The investor then earns an established rate of interest on this sum for the fixed tenure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A corporate FD is a financial tool provided by<\/span><a href=\"https:\/\/goldenpi.com\/blog\/financial-matters\/what-is-nbfc-and-what-does-it-signify\/\"> <span style=\"font-weight: 400;\">Non-Banking Financial Companies<\/span><\/a><span style=\"font-weight: 400;\"> (NBFCs) or corporations. It functions similarly to a bank fixed deposit, with the requirement that an initial payment be made to the corporation for a predetermined duration of time. These FDs also come with a fixed interest rate.<\/span><\/p>\n<p><b><i>Explore both bank FDs and corporate bank FDs that cater to the different risk appetites and financial goals of an investor. You\u2019ll be on your own to make the right choice after this read.<\/i><\/b><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Best_Bank_Fixed_Deposits\" >Best Bank Fixed Deposits\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Axis_Bank\" >Axis Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Yes_Bank\" >Yes Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#HDFC_Bank\" >HDFC Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Punjab_National_Bank\" >Punjab National Bank<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Best_Corporate_Fixed_Deposits\" >Best Corporate Fixed Deposits<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Shriram_Finance\" >Shriram Finance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Bajaj_Finance_Limited\" >Bajaj Finance Limited\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#Bottom_Line\" >Bottom Line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#FAQs_About_Fixed_Deposit\" >FAQs About Fixed Deposit\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#1_What_is_the_best-fixed_deposit_to_invest_in_India\" >1. What is the best-fixed deposit to invest in India?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#2_Which_type_of_FD_is_best\" >2. Which type of FD is best?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#3_How_many_FDs_can_a_person_have\" >3. How many FDs can a person have?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#4_What_is_the_difference_between_FD_and_RD\" >4. What is the difference between FD and RD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#5_Which_is_best_SIP_or_FD\" >5. Which is best, SIP or FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#6_What_should_I_know_before_investing_in_FD\" >6. What should I know before investing in FD?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/goldenpi.com\/blog\/fixed-income\/corporate-fixed-deposit\/best-fixed-deposit-to-invest-in-india\/#7_What_is_the_FD_ladder_method\" >7. What is the FD ladder method?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span><b>Key Takeaways<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bank FDs\u00a0<\/b>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Axis Bank: Up to <\/span><span style=\"font-weight: 400;\">6.45%<\/span><span style=\"font-weight: 400;\"> interest for a three-year term.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Yes Bank: Offers <\/span><span style=\"font-weight: 400;\">7.00%<\/span><span style=\"font-weight: 400;\"> for terms ranging from one to five years, with additional benefits for senior citizens.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">HDFC Bank: Provides <\/span><span style=\"font-weight: 400;\">6.40-6.45%<\/span><span style=\"font-weight: 400;\"> interest for three to five-year terms, plus an extra 0.50% for senior citizens.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Punjab National Bank: Interest rates up to <\/span><span style=\"font-weight: 400;\">6.30%<\/span><span style=\"font-weight: 400;\"> for a three-year term, with additional rates for senior citizens and super seniors.<\/span><\/li>\n<\/ol>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Corporate Fixed Deposits<\/b>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Shriram Finance: Interest rates range from <\/span><span style=\"font-weight: 400;\">6.79% to 7.30%<\/span><span style=\"font-weight: 400;\"> for ordinary citizens and up to <\/span><span style=\"font-weight: 400;\">8.10%<\/span><span style=\"font-weight: 400;\"> for senior citizens.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Bajaj Finance Limited: Offers 7.35% to 8.60% interest for all ages, and up to 8.85% for senior citizens.<\/span><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Best_Bank_Fixed_Deposits\"><\/span><strong>Best Bank Fixed Deposits\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-7329 size-large\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3-1024x486.png\" alt=\"Best Bank Fixed Deposits\u00a0\" width=\"1024\" height=\"486\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3-1024x486.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3-300x142.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3-768x364.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3-585x277.png 585w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13111540\/Best-Fixed-Deposits-to-Invest-in-India-3.png 1160w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The best bank fixed deposits in India are as follows:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Axis_Bank\"><\/span><b>Axis Bank<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Axis Bank offers its customers a variety of fixed deposit alternatives to help them secure a specific amount of their funds for a set period of time. For any FD kept for a year, interest is going to be paid at a rate between 3.50% and 6.00%. Axis Bank offers the highest interest rate of 7.10% for a three-year investment period. An additional interest rate may be given to all senior citizens.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Yes_Bank\"><\/span><b>Yes Bank<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Yes Bank provides attractive interest rates for all of its fixed deposit schemes. The bank offers a 7.25% return on funds invested in FD accounts with terms ranging from one to five years. In addition to the usual FD rates, senior citizens who have fixed deposits valued at less than Rs. 5 crore are eligible for an additional interest rate of 0.50% for a tenure of less than three years and 0.75% for a tenure of three years or more.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"HDFC_Bank\"><\/span><b>HDFC Bank<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">HDFC Bank provides an extensive number of term options, with an attractive interest rate of 6.60% for a term of one year. The rate of return provided is 7.00% for a tenure of three years. The interest rate on a 5-year investment is 7.00%. Throughout different tenure periods, senior citizens receive an additional 0.50% interest rate.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Punjab_National_Bank\"><\/span><b>Punjab National Bank<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Punjab National Bank offers the best-fixed deposit rate of 6.40% for a period of one year. The interest rate for a three-year term is 7.00%. The interest rate on a five-year investment is 6.00%. Across all tenures, senior citizens are offered an extra 0.50% interest rate. Super elderly seniors (those who are 80 years of age or older) are qualified for an extra 0.80% interest rate for a number of loan terms.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Best_Corporate_Fixed_Deposits\"><\/span><strong>Best Corporate Fixed Deposits<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2024\/03\/13103421\/Best-Corporate-Fixed-Deposits-1024x486.png\" alt=\"Best Corporate Fixed Deposits\" width=\"1024\" height=\"486\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The best corporate fixed deposits in India are as follows:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Shriram_Finance\"><\/span><a href=\"https:\/\/goldenpi.com\/corporate-fixed-deposits\/list-view?fp=shriram-finance-limited&amp;sortBy=interest-high-to-low\"><b>Shriram Finance<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Shriram Finance provides fixed-rate deposits with annual percentage rates (APRs) of 7.34\u20138.18% for ordinary citizens and 7.84\u20138.68% for senior citizens over terms of one year to five years. Additionally, NBFC provides an extra 0.25% annual interest rate on deposits that are renewed after they are matured.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This NBFC has received a creditworthiness rating of AA+\/Stable from ICRA and AA+\/Stable from India Ratings and Research (Ind-Ra). According to the Ind-Ra, an NBFC&#8217;s timely payment of its financial obligations is associated with a significant level of safety (AA+). The ICRA states that an AA rating denotes good credit quality and minimal depositor credit risk.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Bajaj_Finance_Limited\"><\/span><a href=\"https:\/\/goldenpi.com\/corporate-fixed-deposits\/list-view?fp=baja-finance-limited-co&amp;sortBy=interest-high-to-low\"><b>Bajaj Finance Limited\u00a0<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">With terms that range from one to five years, Bajaj Finance Ltd. offers fixed deposit (FD) with interest rates of 7.35-8.60% p.a. to people of all ages and 7.60-8.85% p.a. to<\/span><a href=\"https:\/\/goldenpi.com\/blog\/financial-matters\/investment-plan-that-a-senior-citizen-must-know\/\"> <span style=\"font-weight: 400;\">senior citizens<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both CRISIL and ICRA have awarded this NBFC accreditation with an AAA\/Stable credit rating. According to<\/span><a href=\"https:\/\/www.crisil.com\/\"> <span style=\"font-weight: 400;\">CRISIL<\/span><\/a><span style=\"font-weight: 400;\">, AAA denotes a very high likelihood that the HFC will pay regular interest and principal repayments. According to ICRA, AAA denotes the best credit quality and the least amount of credit risk for depositors.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bottom_Line\"><\/span><b>Bottom Line<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Fixed deposits are no doubt one of the best forms of investments with very little risk. People of any age or occupation can invest and earn returns within a specific tenure period. Before making any investment, we should consider certain factors to make a wise decision, such as the interest rate, bank or financial institution, financial standing of the corporation, tenure, and more.<\/span><a href=\"https:\/\/goldenpi.com\/\"> <span style=\"font-weight: 400;\">GoldenPi<\/span><\/a><span style=\"font-weight: 400;\"> is an interactive platform that can help new and professional investors choose from a range of fixed-income investment options. You can smoothly choose the tenure, and amount and check the return on your investments through the platform. With various modes of payment, you can start your fixed income investment journey today with GoldenPi.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_About_Fixed_Deposit\"><\/span><b>FAQs About Fixed Deposit\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_the_best-fixed_deposit_to_invest_in_India\"><\/span><b>1. What is the best-fixed deposit to invest in India?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The best-fixed deposit in India depends on individual needs and preferences. For bank FDs, Yes Bank offers attractive interest rates of <\/span><span style=\"font-weight: 400;\">7.00%<\/span><span style=\"font-weight: 400;\">. For corporate FDs, <\/span><span style=\"font-weight: 400;\">Shriram Finance Limited provides rates as high as 7.60%<\/span><span style=\"font-weight: 400;\">. Always consider the interest rate, tenure, and financial stability of the institution before investing.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Which_type_of_FD_is_best\"><\/span><b>2. Which type of FD is best?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/goldenpi.com\/corporate-fixed-deposits\"><span style=\"font-weight: 400;\">Corporate Fixed Deposit<\/span><\/a><span style=\"font-weight: 400;\"> schemes provide greater returns on investment, but selecting the ideal firm is necessary. If you select an effective company FD scheme, you are likely to earn greater returns on your investment than bank FDs because these schemes provide the most favorable interest rates on FDs.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_many_FDs_can_a_person_have\"><\/span><b>3. How many FDs can a person have?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There is no restriction on how many fixed deposit accounts you may hold. Thus, you may maintain more than one FD at the same bank.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_is_the_difference_between_FD_and_RD\"><\/span><b>4. What is the difference between FD and RD?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Fixed deposits often have greater interest rates due to the one-off payment structure of the investment. In contrast, recurring deposits have returns based on constant deposits made over a period of time.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Which_is_best_SIP_or_FD\"><\/span><b>5. Which is best, SIP or FD?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">One may make investments in an FD if their main objective is to preserve funds and they are not expecting significant returns. If you&#8217;re looking to invest in goal-oriented investments that yield higher returns, you should consider investing in a SIP.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_What_should_I_know_before_investing_in_FD\"><\/span><b>6. What should I know before investing in FD?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">When making an investment in a fixed deposit, multiple factors should be considered, including interest rates, duration, initial deposit, interest payout, tax effects, safety, and credibility.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_What_is_the_FD_ladder_method\"><\/span><b>7. What is the FD ladder method?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">FD laddering refers to spreading your investment over a number of FDs with various interest rates and maturity dates. This creates a &#8220;ladder&#8221; of maturity dates, providing regular liquidity and the ability to reinvest at better interest rates when the chance occurs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Disclaimer:<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">This information is for general information purposes only. GoldenPi makes no guarantee on the accuracy of the data provided here; the information displayed is subject to change and is provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. Investments in the securities market are subject to market risks. Read all the offer-related documents carefully before investing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bonds or non-convertible debentures (NCDs) are regulated by the Securities and Exchange Board of India and other government authorities. GoldenPi Securities Private Limited is a registered debt broker and acts as a distributor and not as a manufacturer of the product.<\/span><\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which type of FD is best?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Corporate Fixed Deposit schemes provide greater returns on investment, but selecting the ideal firm is necessary. If you select an effective company FD scheme, you are likely to earn greater returns on your investment than bank FDs because these schemes provide the most favorable interest rates on FDs.\"}},{\"@type\":\"Question\",\"name\":\"How many FDs can a person have?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no restriction on how many fixed deposit accounts you may hold. 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