Fixed investment

Overview Of Fixed Deposit

How may investing be used to generate a fixed income? When beginning their financial journey, most investors have this frequent question in mind.
Investors who wish to save a lot of money without subjecting it to market risk should turn to fixed income investing choices. Investments with fixed income guarantees guaranteed income on a regular basis or at maturity and offer secured returns at fixed interest rates.
While market-based investment options offer quick growth and higher returns, one can choose fixed income investments like SBI, HDFC, ICICI, PNB, Shriram and more Fixed Deposit to gain stability, downside protection, safety and liquidity.

Top 5 Fixed Income Investment Options in India

Here are five possibilities for fixed income investments that provide fair yields, capital safety, and steady growth.

1- Company Fixed Deposit

A company fixed deposit is one of the best fixed income investing possibilities. Compared to most fixed income investment options, a company FD is offered by NBFCs (Non-Banking Financial Companies) and financial institutions at a higher interest rate.
Fixed Deposit is one of the most popular investment options that offer high security and attractive interest rates of up to 8.90%*p.a.

Company Fixed Deposit
Maturity 5 Years to 10 Years
Minimum Investment Rs. 5000
Maximum Investment No maximum limit
Interest Rate Up to 9%

2- Public Provident Fund

One of the safest fixed income investment alternatives in India is the PPF (Public Provident Fund), which is fully guaranteed by the government. PPF accounts are simple to open at banks and post offices. The maximum duration for a PPF account is 15 years. To achieve secure returns over a lengthy term, one can extend it for an additional 5 years. Every three months, the government changes the interest rates for PPF accounts. Currently, the PPF interest rates are 7.1%. (Q2 FY 2022-23).

Public Provident Fund
Maturity 15 Years (5 Years Extension Available)
Minimum Investment Rs. 500
Maximum Investment Rs. 1,50,000 Per Annum
Interest Rate 7.10% (Q2 FY 2022-23)

3- Senior Citizen Savings Scheme

People over 60 years old who are senior citizens can pick the Senior Citizen Savings Scheme (SCSS). The senior citizen savings programme is the ideal option for fixed income investing since retirees want a steady stream of income.
Banks and post offices are two places where one can open a SCSS account. Additionally, because SCSS is supported by the government, it offers a 7.40% annual interest rate guarantee on quarterly returns (Q2 FY 2022-23).

Senior Citizen Savings Scheme
Maturity 5 Years (3 Years Extension Available)
Minimum Investment Rs. 1000
Maximum Investment Rs. 15,00,000 Per Annum
Interest Rate 7.40% (Q2 FY 2022-23)

4 - Government Bonds

Governments can raise money for its programmes and infrastructure by selling government bonds, which are debt instruments. They go by the name recognised Government Securities as well. Government bonds have varying maturities, and the interest rates are established based on the bond's overall duration.
Government bonds come in a variety of forms. However, Fixed Rate Bonds and Floating Rate Bonds are the two most popular types.

Government Bonds
Maturity 91 days to 40 years
Minimum Investment Rs. 10000
Maximum Investment Rs.2 Crore
Interest Rate Variable as per maturity

5 - PMVVY Scheme

Pradhan Mantri Vaya Vandana Yojana (PMVVY) Scheme is a pension scheme for senior citizens. Currently, PMVVY offers interest rates up to 7.40% annually. This programme is available from Life Insurance Corporation to senior citizens (LIC).
To enable senior persons to receive monthly pensions, the Indian government created the Pradhan Mantri Vaya Vandana Yojana Scheme, a fixed income investment alternative.

PMVVY Scheme
Maturity 10 Years
Minimum Investment Rs. 1,50,000
Maximum Investment Rs. 15,00,000
Interest Rate Up to 7.66% Per Annum

These investment options can benefit investors in the best suited way as per their requirements.

Why Fixed Deposit One of the Best Fixed Income Investment Options

It has decades of trust in the market with over 2.12 million customers. of India's top fixed-income investments, fixed deposits are advantageous for the following reasons.

  • * An attractive interest rate of up to 9.90%*p.a.
  • * Rated [ICRA]AA+(Stable)” by ICRA and "IND AA+/Stable" by India Ratings and Research - a higher degree of safety
  • * Loan against FD to manage an emergency financial crisis
  • * Regular pay-outs at your convenience with a non-cumulative fixed deposit
  • * An additional interest rate of up to 0.50% for senior citizens and 0.10% for women depositors.

Invest Now

Fixed Deposits provide growth and rewards with no risk. Paisewaale Fixed Deposit investments are now simpler than ever thanks to our end-to-end online investment process. Therefore, schedule an FD right away to quickly and safely complete your fixed income investment.

Key Highlights:

Fixed Deposits provide growth and rewards with no risk. Paisewaale Fixed Deposit investments are now simpler than ever thanks to our end-to-end online investment process. Therefore, schedule an FD right away to quickly and safely complete your fixed
income investment.

  • * Investments with fixed income guarantees guaranteed income on a regular basis or at maturity and offer secured returns at fixed interest rates.
  • * Fixed Deposit offers assured returns and growth at zero risk.
  • * High security and tempting interest rates of up to 9.90%*p.ay are both features of fixed deposits..