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Showing posts with the label fixed deposit rates of canara bank

Why You Should Choose Fixed Deposit Rates of Canara Bank?

Fixed Deposits are the oldest and most popular method of saving money amongst the Indian people. You must want to know the reasons behind it. Well, there are more than one reasons which make it popular among the common people. First, in a fixed deposit account, the interest rate you get is a lot higher than any savings account. Second, the period is quite flexible so you can choose whatever time period fits you best and open your FD account accordingly. Third, your capital money is secure with the bank for that fixed period of time no matter what the market condition is. The only thing which can fluctuate is your interest amount if there is some kind of change by the bank in their interest rates. These are the few things which make the Fixed Deposit account the go-to saving practice amongst people. There are various banks and financial institutions which provide this financial instrument to the people so that they can save their hard-earned money in a better way at a much higher ...