Fixed Deposit is one of the most secure and trustworthy investment option in India. The promise of assured savings after a fixed tenure makes fixed deposits an attractive investment avenue for planning your medium and long-term goals which can enable you to develop your investment funds while offering the steadiness and well being of the chief sum. Owing to the several advantages of FD maximum people in India prefer to do investment in Fixed Deposits you may also find many people nearby who have already invested in FD or are willing to do hence it very easy for you to find customers for FD.
Banks and NBFC’s revise interest rates of FD from time to time so you may help your customers to enjoy the benefits of revised interest as well. Anybody can pick a FD tenor between a year and 60 months, according to his monetary needs.
The FD interest rates remain unaffected by market fluctuations and you get guaranteed returns on maturity, that is, after the lock-in period. You can choose to get your interest periodically, or at maturity. Usually, the defining criterion for an is that the money cannot be withdrawn before maturity, but you may withdraw it after paying a penalty.
Benefits of Fixed Deposit-
- The returns are assured and are not affected by fluctuations in the market.
- There is no risk of loss of the principal.
- FDs can easily be renewed, and you can also reap additional rate benefits on renewing your deposits.
- Senior citizens get an additional rate of interest.
- You can opt for periodic interest payouts to manage your monthly expenses.
WHY TO PARTNER WITH US?
What are the benefits which you can provide to your customer-
- Completely online process i.e., your customer doesn’t need to go anywhere.
- Flexible tenors
- Best interest rates
- Additional rate of interest for Senior Citizens
- Premature withdrawal of FD is permitted
- Avail nomination facility
- Flexible interest withdrawal
How Does It Work-
With your REDMIL Business Mall App, you can open your customer’s Fixed Deposits with top banks and NBFC’s or you can just share your link with your customer so your customer can open his FD on his own with some basic information