Captain Shubman Gill was candid in his assessment during the post match press conference, identifying a lack of clinical execution as the primary differentiator. The aura of invincibility that once surrounded Team India in home conditions has suffered a significant blow
The death toll from a horrific fire at a shopping mall in Pakistan's Karachi has risen to 14 after rescue teams found eight more bodies from the building rubble. The fire, which broke out on Saturday (January 17, 2026) night at the Gul Plaza
A legal notice has been sent to the makers of O Romeo by Hussain Ustara's daughter, Sanober Sheikh. In the notice, she claimed that she believes there is a wrong portrayal of her father in the Vishal Bhardwaj directorial. She has asked for compensation of Rs 2 crores to be paid within seven days
Today Gold, Silver Rate January 19: Check 18, 22, 24 carat Gold prices in Chennai, Mumbai, Delhi, Kolkata Gold has been regarded as one of the safest investments for many years because it has a proven track record of preserving wealth during periods of inflation and market volatility
Just weeks after being subjected to intense trolling and criticism over her song Candy Shop, singer Neha Kakkar has announced that she is stepping away from the spotlight for a while. The singer revealed that she is taking a break from both her personal and professional life
West Indies and Afghanistan face off in a three-match T20I series, starting on Monday in an attempt to finetune their preparations ahead of next month's T20 World Cup 2026. With just less than a month to go for the mega event, the T20I series in Dubai will evaluate both team's bench strengths
Chennai: The makers of director Merlapaka Gandhi's upcoming Indo-Korean horror comedy, tentatively being referred to as #VT15 and featuring Telugu actor Varun Tej in the lead, have now announced the title of the film as 'Korean Kanakaraju' The production house First Frame Entertainments took to its
External Affairs Minister S. Jaishankar, during talks with Poland's Deputy PM Radoslaw Sikorski in New Delhi, slammed the selective targeting of India over the Russia-Ukraine war as "unfair and unjustified", whilealso calling out cross-border terrorism.External Affairs Minister S. Jaishankar
One FD Or Many? Where Should You Invest Rs 7 Lakh For Better Returns And Safety
One FD Or Many? Where Should You Invest Rs 7 Lakh For Better Returns And Safety
Is it wiser to lock Rs 7 lakh into one fixed deposit or spread it across several? The choice can affect liquidity, safety, penalties, and how smartly your money works for you
Earning money requires effort and discipline, but deciding where to place it wisely is just as important. Simply saving is no longer enough to create a secure financial future or beat rising inflation. Building a solid financial cushion depends on choosing the right investment avenues, based on your goals, risk appetite, and time horizon.
While options range from stocks and equity mutual funds to long-term instruments such as the Public Provident Fund (PPF) and government savings schemes, bank fixed deposits (FDs) continue to remain one of the most trusted choices for investors seeking safety and stability.
In India, fixed deposits are the most preferred investment choice because they are considered safe. Banks and non-banking financial companies (NBFCs) offer FDs with tenures ranging from as short as 7 days to as long as 10 years.
However, to maximise returns from an FD, it is not enough to simply invest; selecting the right tenure and strategy also matters.
A common question investors face is whether to invest the entire amount in a single FD or split it into multiple FDs. For instance, if you have Rs 7 lakh to invest, should you opt for one FD of Rs 7 lakh or seven FDs of Rs 1 lakh each?
Experts point out that if the interest rate is the same, the final maturity amount, including interest, will remain identical in both cases. The real difference lies in convenience, flexibility, and how well the investment suits your needs.
For those who value simplicity, placing the entire Rs 7 lakh in one FD can be the easiest option. You have just one deposit receipt, one maturity date, and only one account to monitor. This approach suits investors who prefer a ‘set it and forget it' strategy and are confident they will not need the funds for the full tenure, which could be up to 10 years.
The main issue with a single large FD arises when you need money urgently. If you require just Rs 50,000, you cannot withdraw only that portion, you must break the entire Rs 7 lakh FD. Premature withdrawal attracts a penalty on the full amount, reducing overall returns.
There is also a safety concern. Under DICGC rules in India, bank deposits are insured only up to Rs 5 lakh per bank. If you invest Rs 7 lakh in one bank, the remaining Rs 2 lakh is not insured in the unlikely event of a bank failure.
Splitting your investment into multiple FDs is often described by experts as a smarter approach. By dividing Rs 7 lakh into seven FDs of Rs 1 lakh each, you gain greater control over your money.
If you need Rs 1 lakh, you can break just one FD while the remaining Rs 6 lakh continues to earn interest. Importantly, the penalty applies only to the withdrawn portion, not the entire investment.
If you spread these seven FDs across two different banks, your entire investment can be covered under the DICGC insurance limit. This significantly reduces risk and improves the safety of your savings.
Multiple FDs also offer flexibility in a changing interest rate environment. For example, if you lock in an FD at 7% today and interest rates rise to 8% next year, you can redeem a short-term FD and reinvest it at the higher rate.
With a single long-term FD, this flexibility is lost.
The main disadvantage of splitting your investment is the added complexity. You need to track multiple receipts or digital confirmations and remember different maturity dates. For some investors, this can feel inconvenient.
There is no one-size-fits-all formula for FD investing. If you already have adequate emergency funds, want a hassle-free investment, and are certain you will not need the money for many years, a single FD may suit you best.
However, if you prefer flexibility, want protection against changing economic conditions, and wish to stay prepared for unexpected expenses, opting for multiple FDs is a more practical choice.
Ultimately, the best FD strategy depends on your financial goals, risk comfort, and personal circumstances. Choosing the right structure can make a significant difference in how effectively your money works for you.
Source: News18
Related Posts: Chennai Sanitation Worker Returns Rs 45 Lakh Worth Of Lost Gold Jewellery To Police Rs 25 Lakh, 600 Zomato Credits & New Phone Every 3 Years Rs 25 Lakh Salary With 1 Year Experience -- Bengaluru Job Listing Goes Viral Mumbai Metro-3 Saw 46 Lakh Passengers In December NASA’s Voyager 1 heads toward one light-day distance from earth 7 Lakh Brought In 2025 The one measure that can tell us a lot about the state of the UK economy Angel One, ICICI Prudential, Havells, 2 PSU Banks To Trade Ex-Date This Week Over 1 lakh Enrolled In Chip Design Training Air India, IndiGo and Delhi airport sound alert as fog intensifies across northern India
Celebrate Basant Panchami 2026 In Style With Sai Pallavi-Inspired Elegant Looks For Saraswati Puja Outfits for Basant Panchami 2026: Basant Panchami, also known as the Vasant Panchami, is celebrated across India. The festival of joy and hopeful celebrations marks the preparation for the beginning
1 hours ago
The Karnataka Examination Authority (KEA) has opened registrations for Karnataka NEET PG counselling 2025 round 3 after the qualifying cut-off was reduced to 0 percentile. Eligible candidates can apply for round 3 on the official website, cetonline.karnataka.gov.in, till January 26
1 hours ago
The Los Angeles Rams secured a nail-biting win in Chicago to beat the Bears in the NFL play-offs and follow the New England Patriots into the Conference Championships. After leading the Bears to a record number of comeback victories this season
1 hours ago
Bangladesh's T20 World Cup participation hangs in the balance. A final decision is due January 21. The team's travel to India remains uncertain. The ICC has refused schedule changes. Scotland is the likely replacement if Bangladesh withdraws. The tournament is just three weeks away
1 hours ago
Ja Morant insists there should be no confusion about where his future lies: with the Memphis Grizzlies. Amid growing speculation that the Grizzlies are open to trade offers for their former franchise cornerstone, Morant delivered both a statement performance and a pointed response following
1 hours ago
The BJP has begun electing its next national president, with Nitin Nabin nominated by senior leaders. Backed by the party and facing no challengers, the 45-year-old is set to be elected unopposed and could be its youngest president. New Delhi: The Bharatiya Janata Party (BJP) has formally initiated
1 hours ago
A huge explosion at a factory in northern China has killed four people and injured 84 others, with six people still missing, state media reported. The blast happened at around 15:00 local time (07:00 GMT) Sunday at Baogang United Steel plant in Inner Mongolia, causing noticeable tremors in the area
1 hours ago
Kamakhya-Howrah Vande Bharat Sleeper Train Ticket Booking: Indian Railways (IR) has started ticket bookings for the country's first Vande Bharat Sleeper train. Flagged off by Prime Minister Narendra Modi on January 17, the semi-high-speed train service will operate between Howrah and Guwahati in
1 hours ago
Every January, the third Monday earns an ominous reputation – the so-called Blue Monday, often dubbed the most depressing day of the year. While the concept itself may lack scientific grounding, the emotions it reflects are far from fictional. As winter deepens
1 hours ago
China said its economy expanded by 5% last year, meeting Beijing's official target as a record trade surplus boosted growth. The world's second-largest economy reached its goal despite growth slowing to 4.5% in the final three months of 2025
1 hours ago
Google's new Gemini experiments continue and after bringing personal intelligence for advanced AI tasks, the company is offering a more functional feature for millions. Gemini app now offers a new ‘Answer Now' mode which as the name suggests is there to help users with quicker responses for
1 hours ago
Reza Pahlavi, the US-based son of Iran's late shah, has said that the struggle unfolding in Iran is no longer about reform but about “occupation and liberation," saying the Iranian people have called on him to lead and announcing his intention to return to the country.Reza Pahlavi
1 hours ago
Nearly 3,000 global leaders from business and government are gathering in Davos for the World Economic Forum. Discussions will cover economic disparity, climate change, and technology. U.S. President Donald Trump and French President Emmanuel Macron are among the prominent attendees
1 hours ago
Trade tensions and a reversal in the artificial intelligence (AI) boom are among the main risks to global economic growth, the International Monetary Fund (IMF) has warned. Its comments came in its latest world economic outlook, where it described the global economy as "steady"
1 hours ago
Will Bangladesh take part in the ICC T20 World Cup 2026? A final decision, especially regarding the team travelling to India, is expected on 21 January, according to a report by ESPNCricinfo. The Bangladesh Cricket Board (BCB) was informed of this deadline by the International Cricket Council (ICC)
1 hours ago
The Supreme Court on Monday told the Election Commission to publish the names of about 1.2 crore persons against whom the poll panel had raised “logical discrepancy” objections during the special intensive revision exercise in West Bengal, Bar and Bench reported
1 hours ago
In 2025, Bengaluru did not merely eat to survive. It ate to cope, celebrate, unwind, and sometimes just because it could. From dawn to well past midnight, food orders mapped the city's moods and momentum. By the end of the year, the numbers on Swiggy told a story that bordered on unbelievable
1 hours ago
Chandra Kumar Bose, grandnephew of Netaji Subhas Chandra Bose, has voiced strong criticism regarding the ongoing electoral roll revision exercise in West Bengal. He described the process as "sheer harassment" and lacking clarity. Bose stated that while the revision is important
1 hours ago
As the countdown to the Union Budget 2026 begins, attention is turning to a crucial document that sets the context for the government's fiscal decisions — the Economic Survey. Often described as the report card of the Indian economy, the survey offers a detailed assessment of where the
1 hours ago
Apple's iPhone 17 Pro continues to position itself in the high-end category, while Chinese brands OnePlus and Oppo also offer powerful alternatives at lower price points. When it comes to buying a smartphone, buyers usually focus on price, features, camera, battery, display, build quality
1 hours ago
In its World Economic Outlook Update, the IMF said the upward revision reflects a “better-than-expected outturn in the third quarter of the year and strong momentum in the fourth quarter,” underscoring India's position as one of the fastest-growing major economies in the world
1 hours ago
It is imperative that we make our own rules adhering to our own necessities instead of directly borrowing regulations from others, said Union Minister for Power Manohar Lal on Monday (January 19, 2026). Speaking at the inauguration of the Centre of Excellence (CoE) for Regulatory Affairs in the
1 hours ago
China's birth rates sunk to a record low in 2025, despite the government rolling out a spate of incentives to boost it, as the country's population fell for the fourth straight year. Government data on Monday showed that the country's birth rate fell to 5.63 per 1
1 hours ago
Delhi Yamuna Cruise: In a major boost to the riverfront tourism, the Delhi government is set to launch a luxury “cruise experience” on the Yamuna River next month. Delhi Tourism Minister Kapil Mishra stated that an MoU was signed between the Central Government
1 hours ago
Basant Bafna, the head of fixed income at Mirae Asset Investment Managers (India), believes the government will keep fiscal consolidation in focus while maintaining growth momentum in Budget 2026. He says central government borrowings may remain stable
1 hours ago
The International Monetary Fund has raised India's economic growth forecast for 2025 to 7.3%, pointing to stronger-than-expected corporate earnings in the December quarter and sustained momentum into the fourth quarter, while also indicating that the global economy has largely absorbed the
1 hours ago
Calling it Agatha Christie's Seven Dials should have been an early warning. There are so many excellent adaptations of Christie novels, from David Suchet's definitive Poirot and Joan Hickson's Miss Marple, to the grim Sarah Phelps adaptations. On film
1 hours ago
