What is the Fixed Deposit Receipt (FDR)

Fixed Deposit Receipt (FDR): Your Secure Path to Guaranteed Returns

Are you searching for a safe and reliable investment option to grow your savings? Our Fixed Deposit Receipt (FDR) investment plan offers a secure way to earn a guaranteed return on your investment while safeguarding your principal amount.

What is a Fixed Deposit Receipt (FDR)?

A Fixed Deposit Receipt (FDR) is a financial instrument provided by banks or financial institutions that allows you to deposit a specific amount of money for a predetermined period at a fixed interest rate. This investment vehicle is popular among conservative investors seeking stable and predictable returns, as it minimizes the risks associated with market fluctuations.

How Does the FDR Investment Plan Work?

When you invest in our FDR plan, you choose a tenure that suits your financial goals—whether short-term or long-term. Your funds are locked in for that duration, and you earn interest on the amount deposited. At the end of the term, you receive your principal amount along with the accrued interest.

For example, suppose you invest $5,000 in an FDR with an interest rate of 5% per annum for a tenure of 3 years. Here’s how your returns would be calculated:

• Investment Amount: $5,000
• Interest Rate: 5% per annum
• Tenure: 3 years

Example Calculation:

• Total Interest Earned:
  • Interest for 3 years = Principal × Interest Rate × Tenure
  • Total Interest = $5,000 × 0.05 × 3 = $750

At the end of the 3 years, you will receive:

• Total Amount at Maturity: Principal + Total Interest = $5,000 + $750 = $5,750

In this example, by investing $5,000, you would earn $750 in interest, providing a total return of $5,750 at the end of the term.

Benefits of the FDR Investment Plan

• Guaranteed Returns: FDRs offer fixed interest rates, ensuring that your returns are predictable and secure, making them ideal for risk-averse investors.

• Capital Preservation: Your principal amount is safe and not exposed to market volatility, providing peace of mind.

• Flexible Tenure Options: You can choose from various tenures, allowing you to align your investment with your financial goals—be it short-term needs or long-term wealth accumulation.

• Easy Liquidity: While your funds are fixed for a certain period, many institutions allow you to withdraw your FDR before maturity (subject to penalties), providing a level of flexibility.

• Tax Benefits: Depending on your jurisdiction, FDR interest may qualify for tax exemptions, enhancing your overall returns.

With our Fixed Deposit Receipt (FDR) investment plan, you can enjoy the peace of mind that comes with knowing your money is working for you in a secure and reliable way. Whether you are saving for a specific goal, building an emergency fund, or looking for a stable income source, our FDR plan can help you achieve your financial objectives.

Ready to secure your financial future? Contact us today to learn more about our Fixed Deposit Receipt (FDR) investment plan and how it can fit into your financial strategy.