Generating a stable and risk-free passive income is a goal for many investors, and a well-planned Fixed Deposit (FD) can be an excellent tool to achieve this. A corpus of Rs 5 lakh can help ...

Firstly, you’ll have to hit a minimum deposit requirement of $20,000. And secondly, the highest interest rate you can get is slightly lower, at 2.30% p.a. for a 3-month period. There is a plus point ...