How To Safeguard Your Investment With PNB Housing

A wise investment is always considered to be risk-free. Hence, you need to choose your investment instrument carefully. Investing in fixed deposits has always been one of the top choices for risk-free returns and a flexible tenor. In fact, fixed deposits are a great source of additional income. FDs not just help in securing your future but also grow your income without risking the principal amount. 

Attractive returns on investment can make all the difference in your long-term investment planning. Investing in a credible fixed deposit will expand your investment portfolio and also safeguard your money. Fixed Deposit is one such investment option that offers an attractive rate of interest and flexibility of investment terms to help you safeguard your investments.

Why choose Fixed Deposit to safeguard your investment?

1. The rate of interest is attractive – Fixed Deposit is best suited because it offers a higher interest rate- one of the best in India. It lets you gain a lot more from your fixed deposit investment. Besides, the interest rate for Senior Citizen Fixed Deposits from is higher (almost 0.35%) than regular FD rates. The interest rate for senior citizen FDs can go up to 9.10%. Use online FD interest calculator to know the exact interest amount you will receive at maturity.

2. The credibility is high – Fixed Deposit is rated highly for its credibility. It is accredited FAAA/stable by CRISIL and MAAA (stable) by ICRA. The ratings are based on renewal rate, liquidity and maturity profile. It works on the unique 14-point rating system. This rating guarantees you that you will receive the sum that you are entitled to.

The rating also guarantees that you will receive the maturity amount as per the tenor or the timeline. Even with market fluctuations, you will receive the full amount due on your fixed deposit. It provides complete security of your investment, so you don`t have to worry about your invested money.

3. The flexibility of tenor to help beat inflation – Fixed Deposit offers the flexibility to choose any tenor ranging from 12 months to 60 months. You have the option to choose long or short tenor as per your investment plan. Long tenor helps you grow your wealth over time and it best suited for goal-based investments. If you choose a short tenor, you can enjoy higher returns and also beat inflation or unstable market conditions.

4. The flexibility to liquidate – Funds can be required anytime for any exigency – a medical emergency or personal emergency. Fixed deposits are instant and reliable funds for precisely such times.

With Fixed Deposits, you don`t have any waiting period. You can easily liquidate your fixed deposits anytime before maturity. Even if you liquidate your Finance FD before maturity, you will still earn the interest for the period you kept the deposit.

5. The flexibility to choose the frequency of interest payouts – Fixed Deposit offers flexible payout options with high FD interest rates. There is a freedom to choose payout frequency based on your preference. For periodic payout options, choose non-cumulative fixed deposits. You can earn quarterly, monthly and yearly interest on non-cumulative fixed deposits by PNB Housing.

For long-term investments targeted at wealth creation, cumulative fixed deposits are the best. The interest is compounded yearly, and the principal amount and interest are received at maturity. There are no added factors to decide on cumulative or non-cumulative payouts.