<p>Fixed deposit investments are still popular today. Investors should choose a bank based on their needs and risk appetite.</p><img><p>Despite the popularity of stocks and mutual funds, fixed deposits remain a top choice. While the RBI repo rate is down, some banks still offer attractive interest rates.</p><img><p>A fixed deposit means depositing a sum for a set period. Most banks offer FD schemes from 7 days to 10 years. Interest rates are usually better for tenures of one year or more.</p><img><p>Suryoday SFB: 8.20% (5yr), Jana SFB: 8% (5yr), Slice SFB: 7.75% (18mo), Bandhan: 7.20% (2-3yr). Small banks offer high rates but more risk. Seniors get extra interest.</p><img><p>FDs are safe from market risks. Large banks are secure but offer lower rates. Small banks offer higher interest but with more risk. Choose a bank and tenure based on your needs.</p>
