One of the most convincing reasons that have motivated many
investors over time is the awareness that there are only two ways to make money – by working or by having
your idle lying money work for you.
If you keep jamming your money in your back pocket
instead of looking for better chances to help it grow, you will never make more money than what you
save. Investing money helps you to generate more money by earning interest or
by gaining appreciation in terms of buying and selling property.
Whether you invest in stocks, bonds, precious metals,
real estate or fixed deposits, investment will always help you generate more
cash than what you have. Nevertheless, the best of all is a high ROI providing
fixed deposit plan as it’s free of any market risk and can bring you exactly
what you have stipulated. Nowadays, the well-recognized Non-Banking Financial
Companies in Delhi are providing the highest rate of interest you can get from
anywhere else.
Main features of a
Fixed Deposit Plan:
§ Tenure
ranges between six months to 10 years
§
Assured
Returns
§
Get
Interest income on monthly, quarterly or annual basis
§
Reinvest
return on investment and gain the benefits of compounding
§
Partial
as well as full withdrawal facility is available with penalty interest rates
§
Get
loan approval against deposits
The
above mentioned points are some of the salient features that you can find in
every fixed deposit plan. However,
features and added advantages may vary from company to company. Before
investing your money in a fixed deposit plan do not forget to ask for the
following points –
Factors
you should know before selecting a NBFC Investment Plan:
§
Compare
the rate of interest
§
Type
of interest (Fixed rate or floating rate)
§
Mode
of interest payout
§
Withdrawal
facility
§
Level
of Security
§
Know
other attached benefits
“Money isn’t everything, but happiness alone can’t keep
out the rain” someone said. Thus, investing is essential to getting you where
you want to be.
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