New Delhi, June 4 -- Are you tired of the ongoing market volatility? Do you want a safe way to park your funds and earn a reasonable return? Fixed Deposits (FDs) remain one of the most lucrative and admired options for common investors across the country, helping them accomplish these objectives.

This is because fixed deposit investments offer assured returns, flexible tenures, and easy access to funds through digital banking platforms offered by prominent lending institutions. Today, opening a new fixed deposit takes just a few minutes, and the process can be completed online with minimal paperwork and a few complicated steps. Let us discuss the concept of fixed deposits, the current interest rate range, and the basic steps to open a ne...