Fixed Deposit

Fixed Deposit

Fixed Deposits (FDs) are one of the most trusted and time-tested ways to grow your savings. Known for their safety and guaranteed returns, FDs are ideal for those looking to invest without market risk.

Why Choose Fixed Deposits?

• Stable, Assured Returns: Enjoy predictable earnings, free from market fluctuations.
• Low Risk, High Peace of Mind: A reliable option to build wealth while protecting your capital.
• Attractive Interest Rates: Company FDs often offer better returns than traditional bank deposits.

TYPES OF FDs:

Bank Fixed Deposits:

Bank FDs are one of the safest investment options for individuals seeking assured returns. Your investment earns a fixed rate of interest over a chosen tenure, and the principal amount is fully secure. Regulated by the Reserve Bank of India (RBI) and insured up to ₹5 lakh under the DICGC scheme, bank FDs ensure peace of mind with predictable growth.

Why Bank FDs work for you:

• Guaranteed, market-independent returns
• Minimal risk and high liquidity
• Ideal for conservative or first-time investors

Corporate Fixed Deposits:

Corporate FDs are offered by reputed companies and Non-Banking Financial Companies (NBFCs) that provide fixed interest rates for a defined tenure. While they function much like bank FDs, they typically offer higher returns, making them a smart choice for investors seeking better yields.

At YSSPL, we recommend only high-rated (AAA/AA) corporate FDs from financially sound institutions, ensuring your investment remains secure while earning more.

Why Corporate FDs work for you:

• Potential for higher interest than bank FDs
• Flexibility in tenure and deposit size
• Recommended only after thorough credit and risk evaluation

Flexible Payout Options:

• Choose how often you'd like to receive your interest:
• On Maturity
• Yearly
• Half-Yearly
• Quarterly
• Monthly

Customised Tenure Options:

• Select a time frame that suits your financial needs and goals.

Additional Benefits

• Non-Transferable and Secure: FD receipts cannot be transferred or misused if lost or stolen.
• Option for Premature Withdrawal: Withdraw your deposit before maturity if needed, subject to a small penalty.
• Risk Diversification: Spread your investment across various companies and industries to minimise risk.
• Plenty of Investment Choices: With several companies offering FDs, you have the freedom to renew or reshuffle based on performance and returns.