{"id":579,"date":"2018-08-07T10:31:20","date_gmt":"2018-08-07T10:31:20","guid":{"rendered":"https:\/\/www.getacidic.com\/?p=579"},"modified":"2018-08-07T10:31:20","modified_gmt":"2018-08-07T10:31:20","slug":"heres-why-millennial-women-are-investing-in-fd","status":"publish","type":"post","link":"https:\/\/www.getacidic.com\/heres-why-millennial-women-are-investing-in-fd\/","title":{"rendered":"Here\u2019s why Millennial Women are Investing in FD?"},"content":{"rendered":"
Among the various investment options for women in different asset classes, fixed deposits (FDs) have been gaining a lot of traction.<\/p>\n
This is due to FDs being latent to market volatility and offering guaranteed returns. Given below are a few reasons prompting millennial women to invest in FDs.<\/p>\n
Millennial women are increasingly preferring financial products offering high returns. Though falling FD interest rates have been a cause of concern, new-age fixed deposits for women, from non-banking finance companies (NBFCs), are not only offering higher returns than the market average, but these deposits come with flexible tenors to suit liquidity needs at different stages of life.<\/p>\n
For instance, Bajaj Finance Fixed Deposit offers an interest rate of over 8%, which is much higher than those offered by banks. A high rate of interest results in a higher maturity amount. The table below highlights the fact:<\/p>\n