Maximising Your Investments with Digital FD Strategies​

Is your fixed deposit realising its full potential?

There are various strategies that can maximise your investments. Check out some of them

Choose the right tenure

FD interest rates depend on the tenure chosen. So, choose a tenure that aligns with your goals and gives good interest rates.

Choose cumulative FDs

Cumulative FDs accumulate and pay interest on the interest earned using the compounding mode. This enhances the corpus and grows wealth.

Avoid unnecessary withdrawals

Premature withdrawals might incur a penalty which reduce the interest earned. Plus, you lose out on the interest on subsequent years.

Choose the right FD

Different FDs offer different interest rates. Choose an FD offering the highest interest rate on your deposits and grow your savings.

Assess the amount

Understand the minimum amount required for the FD. Choose an amount which is affordable and helps you create a corpus that you need.

Maximise your investment with IDFC FIRST Bank’s Digital FDs. Earn up to 7.75%* p.a. with an additional 0.5%* p.a. for senior citizens.