Savings Account vs Certificate of Deposit: Pros and Cons

Choosing between a savings account vs certificate of deposit depends on your financial goals and risk tolerance. If you need easy access to your funds, a savings account is the better choice. If higher returns are your priority and you can lock in your funds, a CD is more suitable.

If you're just starting out in your savings journey, opening a Savings Account with Ujjivan Small Finance Bank can be a good start. We have a wide variety of Savings Accounts catering to different financial needs - sign up for the one that meets your financial goals. Alternatively, you can browse through Ujjivan SFB product suite - our wide range of financial products are designed to make your financial life better.

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