Now if you want to invest without risk then FD and RD are ideal options.
If you are looking for investment options and you do not want risk, then Fd and RD can be ideal investment options for you. Recurring Deposit (RD) and Fixed Deposit (FD) are both such investment options in which you can get good returns without any risk. Although there is some difference between these two. If you also want to invest your money without risk, then both these options will be most suitable for you.
Benefits of investing in RD
Recurring Deposit is a type of debt fund investment. It is an ideal option for short term investment. You can also invest in it through Systematic Investment Plan (SIP). You can open it through your bank. Its duration ranges from 1 year to 10 years. There is a risk in this only if the bank sinks. However, under this, security is provided by banks on an amount of Rs 5 lakh. That is, if the bank sinks, your Rs 5 lakh will be returned.
Benefits of FD
Investing in FD is considered a traditional option of investment. Investing in it is always beneficial and safe. Recently, the interest received by banks on FD has also been increased. In this, more benefits are also available than RD. In this too, the risk of losing your money is very less. In this you can invest from 7 days to 10 years.
Now if you want to invest without risk then FD and RD are ideal options.
If you are looking for investment options and you do not want risk, then Fd and RD can be ideal investment options for you. Recurring Deposit (RD) and Fixed Deposit (FD) are both such investment options in which you can get good returns without any risk. Although there is some difference between these two. If you also want to invest your money without risk, then both these options will be most suitable for you.
Benefits of investing in RD
Recurring Deposit is a type of debt fund investment. It is an ideal option for short term investment. You can also invest in it through Systematic Investment Plan (SIP). You can open it through your bank. Its duration ranges from 1 year to 10 years. There is a risk in this only if the bank sinks. However, under this, security is provided by banks on an amount of Rs 5 lakh. That is, if the bank sinks, your Rs 5 lakh will be returned.
Benefits of FD
Investing in FD is considered a traditional option of investment. Investing in it is always beneficial and safe. Recently, the interest received by banks on FD has also been increased. In this, more benefits are also available than RD. In this too, the risk of losing your money is very less. In this you can invest from 7 days to 10 years.
