How HNIs Can Grow Their Wealth with Fixed Deposits

FDs are not market-linked. Hence, the interest rate stays unaffected during market downturn. considered a safe investment option as they provide guaranteed returns and are not subject to market fluctuations. However, it's important to choose reputable banks or financial institutions for your investments.

Yes, with Ujjivan SFB's Platina Fixed Deposit, you can invest up to ₹3 crore in fixed deposits for a tenure of up to 60 months or 5 years. 

nvest as per your financial goals. If you have short-term goals to meet like accumulating funds to buy a new car, investing in short-term FD would be better.

Yes, NRIs can invest in fixed deposits in India subject to certain conditions. Banks offer NRE (Non-Residential External) and NRO (Non-Residential Ordinary) fixed deposit options specifically designed for NRIs.

FD interest rates are generally fixed at the time of investment and remain constant throughout the tenure. 

The minimum deposit amount for an HNI fixed deposit varies across banks and financial institutions. It is generally higher than regular fixed deposits. For example, minimum investment required for Platina FD is ₹1 crore.

Yes, many banks and financial institutions offer additional interest rates for senior citizens, including HNIs who qualify based on their age.

Yes, you can add a nominee to your fixed deposit. The nominee will be entitled to receive the proceeds in case of your unfortunate demise.