Bank FDs (fixed deposits) are one of the top risk-free investment options for depositors. To attract more deposits via bank FDs, various banks are offering some value-added advantages to its depositors. So, it is important for the bank depositors to know the value-added bank FDs and its offerings before going for a bank FD opening. However, Solanki reminded bank depositors that such value-added bank FDs certain restrictions that is linked with the age of the bank depositors and the tenure of the bank FDs. he advised bank depositors to keep a close eye on such restrictions while going for a value-added bank FD.

Source: Mint May 04, 2021 01:07 UTC