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.
The other benefits that you can gain from a fixed deposit are:
Earn a higher return on investment with higher rate of interest up to 8.50%
Avail additional rate of interest 0.35% more if you invest in the name of a senior citizen
Deposit an amount of your choice
Gain assured returns
Avail flexible tenor ranging from 12 to 60 months
Use fixed deposit calculator before investing
Apply through online application procedure
Access the FD account online