Nine disadvantages of investing in FDs: When it comes to investing in India, bank fixed deposits (FDs) continue to be the most popular investment option. The majority of Indians routinely choose to invest in them. The rising FD interest rates since May 2022 have also made it a great investment option. Not only salaried class, or senior citizens, even millennials are showing an increased interest in investing in term deposits. Money experts believe that despite being a fantastic investment choice, fixed deposits aren’t without flaws, it comes with a number of drawbacks. So while making an informed choice as an investor, one needs to be aware of them.
