7.5% on FDs is an inflation-beating rate offered by a Mumbai-based bank.

Mumbai-based Yes Bank is a private bank. Here, a minimum deposit of 10,000 can be used to start a fixed deposit account. 

The bank is providing returns on FDs between 10,000 and less than 5 crore that outpace inflation.

Hedging actual returns on your hard-earned money has become crucial due to the multi-year high inflation rate.

Consumer prices and investment costs increase as a result of excessive inflation, while the value of money decreases.

The most established investment options in India are fixed-term deposits (FDs), which offer assured returns and eliminate all risks.

FDs are for those who don't want to take risks with market-related instruments because their returns are erratic every year and they are sentiment-driven.


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