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Most people think vacations are expensive, but they don't have to be! There are many ways to save up and create a vacation fund. One most beneficial and safe way is to put money into a fixed deposit so that it grows without you having to think about it. The best part about this type of investment? You can get the full amount back whenever you need it, no matter when you decide to take your vacation! <br><br>For more information visit:<br> https://www.pnbhousing.com/blog/why-fixed-deposit-is-good-option-to-plan-your-vacation/<br><br>
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3 REASONS WHY A FIXED DEPOSIT IS A GOOD VACATION PLAN Attractive Interest Rate Fixed deposits are one of the most popular & attractive investment avenues in India. They offer a higher rate of return on deposits, which makes them an attractive option. Further, interest rates are compounded annually; this helps in accumulating wealth more rapidly. 1 Guaranteed Returns 2 As FDs are risk-free, the returns you earn will be fixed and assured. Also, known in advance and mentioned at the time of opening an FD account, the maturity amount helps to plan your vacation accordingly well ahead of time. Flexible Tenure The Fix Deposit Account is a fantastic way to save and earn interest without the hassle of opening an account and the time it takes to build up the amount you need. FD with we gives you the flexibility of tenure options and can be renewed without any penalty. 3 Refferal URL https://en.wikipedia.org/wiki/Loan https://www.pnbhousing.com/blog/why-fixed- deposit-is-good-option-to-plan-your-vacation/