Income options, with the terms in focus.

Compare the issuer as well as the rate

Check the deposit issuer, tenure, interest-payment frequency, premature-withdrawal rules and current application terms. Bank and company deposits have different risk and insurance characteristics.

Company and NBFC deposits carry issuer credit risk. RBI registration is not a guarantee of repayment or deposit insurance. Confirm the current rate and eligibility directly with the provider before applying.

Plan around your cash flow

Tell us whether you need income payments or accumulation. A monthly-income requirement should be matched to the actual product terms, rather than an assumed return.