Hiring & Appraisal Set to Rise by Nearly 10% in 2025; A Great Chance to Brighten Your Future with High FD Rates

Happy New Year 2025! It’s expected to be a great year for job seekers as hiring is set to rise by 10% during this period. As per the latest report published by Economic Times, India Inc is set to increase hiring by at least 10% compared to 2024. The report is based on the hiring analysis of all sectors carried out by CIEL HR. 2025 will see the maximum number of jobs across sectors such as startups, semiconductor, artificial intelligence, renewable energy, cybersecurity and GCCs, as per the report. 

Tech Mahindra, for example, plans to hire around 5,000 engineering graduates from campuses. Meesho, on the other hand, plans to continue its hiring spree in 2025. 

What lifts the job seekers’ mood further is the estimated 9.5% increase in average salary of employees across sectors in 2025, as per the survey conducted by Aon, a professional services firm. This presents job seekers with an excellent opportunity to secure their savings by booking fixed deposits. 

What are Fixed Deposits and How Do They Add Value to Your Life?

Fixed deposits are products that offer fixed returns no matter what’s happening in the market. The interest rate at which you book your fixed deposit remains the same throughout the tenure, providing a sense of calmness amid a market that fluctuates like no end. That being said, booking at the highest rate is also paramount. The greater the rate, the greater the returns. You can also leverage the power of multiple fixed deposits to strike a balance between returns and liquidity. A fixed deposit laddering strategy comes into the picture. With this, you can strategically choose different tenures to have liquidity when needed.

Which Banks Offer High Interest Rates on Fixed Deposits?

Fixed deposit interest rates vary based on the investment amount and tenure. Banks typically set interest rates based on two brackets - investment amount worth less than INR 3 crore and an amount worth above INR 3 crore The interest rate for tenures ranging from 3-5 years remains higher for most banks across India. 

Without any further ado, let’s dive into the latest interest rates offered by banks across the country.

Note - Rates for those aged below 60 years. Those aged above 60 years will earn an additional 0.50% interest rate.

Sounds Good! But What’s the Minimum Amount I Need to Pay to Begin My FD Journey?

The minimum amount depends from bank to bank. Some can allow you to begin with INR 1,000, some will ask for INR 5,000 and so on. Let us help you by sharing the minimum deposit required at various banks across India to open an FD account.

Introducing BharatFD - Where Dreams Take Flight with High-yield FDs

BharatFD, a go-to app to book high-yield FDs, is the perfect way to kickstart your fixed deposit journey. It has partnered with banks that offer high interest rates, along with the ease and flexibility of investing. With us, you can compare and choose from the best fixed deposits that provide returns as high as 9.30% per annum. 

How Can I Kickstart My Fixed Deposit Journey with BharatFD?

It’s very simple! Download the BharatFD App from Google Play Store. Explore, compare and choose the best FD rate online. Mention a few personal details such as your name, contact number, email address, PAN and Aadhaar number, along with a video KYC. That’s it! Your fixed deposit is booked and so is your happiness! 

Closing Words

Expect 2025 to script a glorious chapter in your life, full of joy and financial prosperity, with best fixed deposits curated to meet your specific needs. Make the most of the favourable market cues to boost your savings with fixed deposits that are safe and free from market volatilities. With BharatFD at your helm, expect your financial journey to be no less than the BEST.

References

A Buzzy 2025 for Job Seekers as Hiring Set to Rise - The Economic Times

9.5 % salary hike in India for 2025: Aon survey - Times of India