FD Strategy: One Large or Multiple Small FDs for ₹7 Lakh? Maximize Your Returns!

• FDs are a safe investment with predetermined returns and DICGC insurance up to ₹5 lakh per bank.
• Experts say one large FD vs. multiple small FDs yields the same maturity amount if rates are equal, but flexibility differs.
• Single large FD offers simplicity but lacks partial withdrawal and leaves amounts over ₹5 lakh uninsured.
• Multiple FDs allow partial withdrawals without breaking the entire sum, maximize DICGC insurance, and offer flexibility for interest rate changes.
• Choose your FD strategy based on financial goals, need for flexibility, and risk tolerance.

Why It Matters: Multiple FDs offer greater flexibility and security than a single large FD for optimal returns.