Fixed Deposits v/s Recurring Deposits: Which one is a Better Investment?<br /><br />Type of Investment:<br /><br />Fixed Deposits: 1 time, Lump-sum investment<br /><br />Recurring Deposits: Regular investments<br /><br />Tenure of Investments:<br /><br />Fixed Deposits:<br />Minimum Tenure - 7 days<br />Maximum Tenure - 10 years<br /><br />Recurring Deposits:<br />Minimum Tenure - 6 months<br />Maximum Tenure - 10 years<br /><br />Minimum Investment Amount:<br /><br />Fixed Deposits: ₹5,000<br />Recurring Deposits: as low as ₹100<br /><br />Interest Rates:<br /><br />Fixed Deposits:<br />Principal - ₹30,000 Lump-sum for 5 years<br />Interest - ₹12,968 @7.5%<br />Total - ₹42,968<br /><br />Recurring Deposits:<br />Principal - ₹500/monthfor 5 years<br />Interest - ₹6,207 @ 7.25%<br />Total - ₹36,207<br /><br />Which is better?<br /><br />Fixed Deposit is better if you:<br />- Keep more cash invested<br />- For a longer tenure<br />- Want tax benefits<br /><br />Recurring Deposit is better if you:<br />- Wish to invest small chunks<br />- Over a tenure of your choice<br />- Want higher liquidity<br /><br />Visit us at www.hdfcsales.com.<br /><br />If you have any questions regarding our services or the contents of this video, feel free to leave a comment below or reach out to us through the contact form on the following page:<br /><br />https://www.hdfcsales.com/contact-us<br /><br />Fixed Deposit Schemes in India<br />Fixed Deposit Schemes<br />Fixed Deposit Plans<br />Fixed Deposit Plans in India<br />Fixed Deposit Interest Rates<br />Fixed Deposits vs Recurring Deposits<br />Recurring Deposits Schemes in India<br />Recurring Deposits Schemes<br />Recurring Deposits Plans<br />Recurring Deposits Plans in India<br />Investing in Fixed Deposits<br />Long Term Fixed Deposits<br />Short Term Fixed Deposits<br />Fixed Deposits for Salaried People<br /><br />#fixeddeposits #recurringdeposits #investments
