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Do We Get Any Advantage Of Investing In A Non Callable Fd Instead Of A Regular Fd? |
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Answer» As an investor the biggest reason why you should consider investing in non callable fixed deposits is the higher RATE of INTEREST. The rate of interest in non callable fixed deposits is higher compared to callable fixed deposits for the same tenure. But since Callable fixed deposits ALLOW you to liquidate or break your deposit within the tenure period at any point of time CHOOSE your investments CAREFULLY. As an investor the biggest reason why you should consider investing in non callable fixed deposits is the higher rate of interest. The rate of interest in non callable fixed deposits is higher compared to callable fixed deposits for the same tenure. But since Callable fixed deposits allow you to liquidate or break your deposit within the tenure period at any point of time choose your investments carefully. |
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