How to Maximize Returns from Your Fixed Deposits

Introduction

Fixed Deposits (FDs) are one of the safest and most popular investment options, especially for conservative investors. However, while FDs offer fixed and guaranteed returns, a smart investor can still use a few strategies to maximize overall earnings.
Compare Interest Rates Before Investing

Interest rates vary from one bank or NBFC to another.

Compare rates offered by top banks and financial institutions.

Sometimes, smaller banks and NBFCs offer higher interest rates than large banks.