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Deposits
A Fixed Deposit (FD) is a financial instrument offered by banks and non-banking financial companies (NBFCs). We as a Company- Future Savings. We are intermediary service providers for the three Best Deposits Companies, ( Shriram Finance, Bajaj Finance and Mahindra Finance). Where an individual can deposit a lump sum of money for a fixed tenure at a predetermined interest rate. The key features of an FD include:
Fixed Tenure
The depositor chooses the duration of the deposit, ranging from a few days to several years.
Fixed Interest Rate
The interest rate is agreed upon at the time of opening the FD and remains constant throughout the tenure.
Low Risk
It is considered a safe investment as the returns are unaffected by market fluctuations.
Penalty on Premature Withdrawal
Withdrawing the deposit before maturity usually incurs a penalty and may result in a lower interest rate.
Interest Payout
Interest earned can be paid out periodically (monthly, quarterly, annually) or reinvested until maturity.
A Fixed Deposit (FD) is a financial instrument offered by banks and non-banking financial companies (NBFCs). We as a Company- Future Savings. We are intermediary service providers for the three Best Deposits Companies, ( Shriram Finance, Bajaj Finance and Mahindra Finance). Where an individual can deposit a lump sum of money for a fixed tenure at a predetermined interest rate. The key features of an FD include
Monitor and adapt to changes
Determine asset allocation
Personalize investment
Our Approach
We at Future Savings, help people realise their financial goals by understanding their unique needs and offering them clear financial advice while educating about all the available options for investment
A dedicated financial planning guide, that provides precise advice on goal-based investment plans, risk-profiling & asset allocation and other major financial assistance with a tech-savvy approach.
We are the provider of smart advisory and investment services online to facilitate wealth creation. Get in touch with us today to know how you can create your customised Investment plans.
We specialise in Mutual Funds, Equity, Fixed Deposits, Corporate Deposits, ETF & Bonds.
Non-resident Indians who have / intend to have investments in India
- Monitor record and periodically report on investments
- Facilitate acquisition / sale / lease of property
- Facilitate repatriation of sale proceeds/income from investment and real estate complete banking and other regulatory formalities
- Portfolio accounting and taxation
Non-resident Indians who inherit assets in India
Facilitate the clearance from Reserve Bank of India (RBI) and other regulatory authorities for NRIs who inherit assets in the form of investments, property etc in India and may want to either liquidate and repatriate the sale proceeds or manage the same in the most tax efficient manner.
Non-resident Indians / Non-residents who have / intend to set up a business in India
- Develop an entry strategy and a financial model
- Incorporation of company in India
- Arrange for complete set of regulatory approvals
- Organise office infrastructure and manpower during the “in-transit period” of the startup
- Operate as a representative office
Returning NRI
- Facilitate clearance from RBI under FEMA, to continue to hold assets outside India
- Facilitate re-investment of sale proceeds of assets acquired outside India
- Plan residential status under FEMA and Income tax
- Plan tax liability in India
- Investment and business consultancy in India
Emigrating Indian / NRI
- Obtain clearance from RBI under FEMA, to continue to hold certain assets in India
- Facilitate repatriation of sale proceeds and income of assets held in India
- Plan his tax liability in India Monitor, record and report on his investments in India
Start Investing Wisely
Corporate deposits are not just savings; they’re a step towards long-term success and financial security.
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AMFI Registered Mutual Fund Distributor | ARN- 265639
Disclaimer:– Mutual fund investments are subject to market risks. Please read the scheme information and other scheme related documents carefully before investing. Past performance is not indicative of future returns and future performance. Always Consider your specific investment requirements before choosing a fund, or designing a portfolio allocation that suits your needs. Investments in equity shares, debentures, etc., are not obligations of, or not guaranteed by – Future Savings
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