Fixed deposits, also called FDs, are a popular and safe way of saving money for a family's future. Financial institutions often release several FD schemes for short as well as long-term investments.The annual fixed deposit interest rates in Delhi and other parts can go up to 4-6% from traditional financial institutions.
Drawbacks of Traditional Fixed Deposit Schemes
For senior citizens, these institutions sometimes offer around 7% annual interest rate. However, the problem with these rates is that they can't match the inflation rate. Consequently, they end up degrading the purchasing power of the money over time.
For example, you invested your money in a fixed deposit at a traditional financial institution at 4% annual interest rate. But if the inflation rate is at 6%, your money has actually lost 2% of its value.
For this reason, cooperative societies, like Samridh Bharat, offer better interest rates with complete transparency, security, and guaranteed returns.
Why Choose Samridh Bharat Cooperative Thrift & Credit Society?
We, at Samridh Bharat, offer higher annual fixed deposit interest rates in Delhi. Our society is only member-focused, meaning the benefits of the society go directly to all of its members. Plus, our interest rates are high enough to keep the money growing at an ideal pace, beating inflation, and providing members with financial security.
Samridh Bharat operates under the Delhi Cooperative Societies Act, 2003, ensuring all the activities are constantly regulated by authorities.
For more information or to become a member of the Samridh Bharat, call us at +91 9667847771. You can also send a message on WhatsApp at +91 9667837771.
