When it comes to safe and steady investments, Fixed Deposits (FDs) are often the first choice of Indian investors. Whether you’re a first-time investor, a retiree, or someone looking to park funds for a few years, an FD can seem like the ideal option. But here’s a fact that many people overlook — not all FDs are created equal . There are mainly two types of fixed deposits in the market: Bank Fixed Deposits and Corporate Fixed Deposits . While they may look similar on the surface, they differ in terms of risk, return, safety, taxation, and more. So before you lock in your money, let’s explore what sets these two options apart — and which one could be the smarter choice for your financial goals. ๐ What Is a Bank Fixed Deposit? A Bank FD is a savings instrument offered by banks where you deposit a lump sum for a fixed tenure and earn interest on it. It's regulated by the Reserve Bank of India (RBI) and considered very low risk. Key Highlights of Bank FD: Safety First : Pro...