Showing posts with label Are Bank Fixed Deposits (FDs) safe?. Show all posts
Showing posts with label Are Bank Fixed Deposits (FDs) safe?. Show all posts

Are Bank Fixed Deposits (FDs) safe?

Are Bank Fixed Deposits (FDs) safe?


Bank Fixed Deposits (FDs) are generally safe investments because FDs up to Rs 1 lakh are insured under the Deposit Insurance & Credit Guarantee Scheme of India.