Recurring Deposits (RDs) allow you to invest a fixed amount monthly and build a guaranteed corpus. Ideal for salaried individuals and risk-averse investors.
💰 Interest Rates: 6–7% p.a.
✔️ Tenure: 6 months – 10 years
✔️ Suitable for safe, regular savings.
💰 Interest Rates: 7.5–8.2% p.a.
✔️ Higher returns compared to regular banks.
✔️ Best for medium-term savings.
💰 Interest Rates: ~7.4% p.a.
✔️ Tenure: 5 years (lock-in)
✔️ Backed by Govt. of India, very safe.