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  When you invest in a FD, you earn returns at a fixed interest rate through the tenor. Usually, fixed deposit rates on company deposits are higher than those you can obtain at a bank. For example, you can earn interest at a rate as high as 8.95% when you invest in a Bajaj Finance Fixed Deposit. Even after the recent repo rate cuts, this FD is offering one of the highest interest rates. While you may think that marginal differences in FD rates do not amount to much, results obtained through an FD calculator indicate otherwise. To help you make a smart FD investment, here are 7 things to know about high FD interest rates. Company FDs normally offer you better rates than bank FDs You can open an FD with a bank or a non-banking financial institution. While bank fixed deposit schemes may be the more familiar option, they aren’t the best when it comes to getting high interest rates. Company fixed deposit schemes can outmatch bank FDs in this regard. To illustrate, consider that

With the new financial year just around the corner, investment planning is at the back of the mind of most individuals. As a rule, your investment returns heavily depend on the economic conditions and the fluctuations in repo rate. It is hence, important to take into consideration that on 7 February 2019, as a part of the bi-monthly monetary policy declaration, the RBI has announced a reduction in the repo rate by 25 bps (basis points). With immediate effect, the rate has now dropped from 6.5% to 6.25%. With this dip in the repo rate, there may be an impact on borrowing costs as well. Though your joy as a borrower may be boundless, you may need to plan your investments carefully, as a fixed deposit investor. This is because instruments like FDs are already offering high-interest returns that may face revision once the external benchmark system comes into action. Given the economic climate, you can still weather fluctuations in interest rates and multiply your savings, by adopti