If you are in your early 20’s that means you are young enough to take any risk in your life. So, when it comes to investment options you can look for all the options such as fixed deposit, mutual fund, bonds, stocks, gold, real-estate, and many more. But, apart from fixed deposit, all other investment options include the risk factor. These are dependent on the market fluctuations. With time, you may gain a huge profit or you may even lose all your money that is invested. People at their mid-age or old-age do not have the courage to take the risk. But, a young person can invest in these.
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</div><div>However, it is better to invest in a stable platform right from your young age. A fixed deposit will be a better choice above any other investment plan. The main factor of choosing an FD is high stability and credibility. It will help you to grow a good habit of savings for a long-term.
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</div><div>The other benefits that you can gain from a fixed deposit are:
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</div><div>Earn a higher return on investment with higher rate of interest up to 8.50%
</div><div>Avail additional rate of interest 0.35% more if you invest in the name of a senior citizen
</div><div>Deposit an amount of your choice
</div><div>Gain assured returns
</div><div>Avail flexible tenor ranging from 12 to 60 months
</div><div>Use fixed deposit calculator before investing
</div><div>Apply through online application procedure
</div><div>Access the FD account online</div>

How should a person in their early 20s invest their money?