Fixed Deposit
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It is known as a term deposit or time deposit also. Some banks may offer additional services to FD holders such as loans against FD certificates at competitive interest rates.
These investments are safer than Post Office Schemes as they are covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC). However, DICGC guarantees amount up to Rs.5 lakhs per depositor per bank. They also offer income tax benefits.
Typically, banks are the biggest issuers of fixed deposit products in India. Since banks inherently have the trust of their customers and since they already have the customer’s money, investors find it easy to choose them. However, there are other institutions that offer similar deposit products to investors.
We deal in fixed deposit products being offered by all major Corporate Houses and Non Banking Finance Companies in India.
Our Happy Customers
I am totally satisfied with the services and advice given by you whenever I needed. Never ever I have found you lagging in any respect. You are very sincere, dedicated and totally committed to your profession therefore you are bound to have excellent relationship with all your clients. Your human values are beyond expectations and of exceptional order, a rarely in today's world.
I still remember the crucial time some 4 years back when I was lucky to meet you. Had lots of issues with respect to income tax/ capital gains. Misguided by my previous CA, I was deep down in s——. But, today I am a very satisfied person with all financial issues sorted out by you. You have given me correct and much needed timely advices. Being a busy professional, I understand the value of these advices and actions. Lucky to have a professional and a good human being as my financial advisor.
Rakesh has been my advisor for 7 years now. I knew a little bit about investing, but not enough to feel confident, and placing my trust in him was a great decision. I feel fortunate to have him manage my investment portfolio to the degree in which I have a very comfortable plan that works well for me. He shows a genuine interest not only in the management of your investments but also you as a person and friend. He explains your investment portfolio very well and encourages you to invest in safe and secure products but with decent returns. I would not hesitate to recommend Rakesh to anyone who is seeking a good financial advisor. Thanks Rakesh.