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Fixed Deposit hack to increase your returns
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Here are 2 fixed deposit hacks that you can use to maximize your returns:
♦️The first hack is all about checking the bank websites for special tenor fixed deposits provided by SBI, Kotak Bank, Indian Bank, Citi Union, and other banks.
These special tenor fixed deposits often offer higher interest rates and can be a great way to earn more from your savings.
♦️The second hack involves depositing your money for two years and one day instead of just two years.
By doing this, you can avail the benefit of three years' interest rates on your fixed deposit.
This is because the interest rate slot changes after two years, and by adding an extra day, you can take advantage of the higher interest rate in the third year.
My 🎒Kit:
3 Books you must read:
♦️The first hack is all about checking the bank websites for special tenor fixed deposits provided by SBI, Kotak Bank, Indian Bank, Citi Union, and other banks.
These special tenor fixed deposits often offer higher interest rates and can be a great way to earn more from your savings.
♦️The second hack involves depositing your money for two years and one day instead of just two years.
By doing this, you can avail the benefit of three years' interest rates on your fixed deposit.
This is because the interest rate slot changes after two years, and by adding an extra day, you can take advantage of the higher interest rate in the third year.
My 🎒Kit:
3 Books you must read:
Fixed Deposit hack to increase your returns
Secret Money Hack to Maximise Fixed Deposit Returns 😱
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