What is Green Fixed Deposit? Why should you invest in it?

English lifestyle Mar 21 2024 Author: Ishwi Singh Image Credits:freepik

What is Green FD?

English There is a serious necessity for investment in the environmental sector. Investing in Green FD contributes to environmental conservation efforts. Image credits: freepik

Green FD

English The funds deposited in the Green FD are directed towards projects dedicated to environmental protection. Image credits: freepik

Green initiatives

English The funds deposited in the Green FD support initiatives like solar power plants or pollution reduction projects. Image credits: freepik

Who can invest?

English Green FDs are open to anyone, including, individuals, proprietorships, and NGOs. Image credits: social media

Your investment portfolio

English Green FDs allocate your funds towards environmental initiatives. This also gives you the opportunity to diversify your portfolio. Image credits: social media

Returns

English You also receive good returns through investments in Green FDs similar to standard FDs. Image credits: Getty

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