Almost all the banks give the same rate of interest on RDs but here are the top five banks that are best for opening an RD account:
Yes Bank: Provides 7.75% of interest rate.
SBI Bank: Provides 7.0% of interest rate.
IDFC First Bank: Provides 7.50% of interest rate.
Kotak Mahindra Bank: provides 7.10% of interest rate.
RBL Bank Bank: provides 7.50% of interest rate.

For Senior Citizens:

Yes Bank: Provides 8.25% of interest rate.
SBI Bank: Provides 7.50% of interest rate.
IDFC First Bank: Provides 8% of interest rate.
Kotak Mahindra Bank: provides 7.60% of interest rate.
RBL Bank : provides 8.0% interest rate.

Both long-term FD and short-term FD have their advantages and features according to the financial goals.
Short-term FD:
In short-term FD you can invest for a short period (a few days to two years) only. Also, it is good for short-term liquidity needs you can access your money whenever you need.
Long-Term FD:
In long-term FD you can invest for a long period (5 to ten years). Long-term FD provides higher interest rates and is good for long-term financial goals.
So, both long-term FD and short-term FD have their own benefits. If you want higher interest returns then long-term FD is a good option. And, If you have liquidity needs shortly then short-term FD is a good option.

I was paying money to my cousin through Google Pay, but by mistake, I paid the money to the wrong number. The amount paid is 40k which is a big amount. Now, how can I get my money back?

Thanks for your suggestion. My father invested some money in mutual funds and some in PPF, as he does not want to take too much risk now.

If the future of cryptocurrency is uncertain, then should we invest in crypto now?

Cryptocurrency is not officially banned in India but is not considered an appropriate form of payment. You can invest in cryptocurrency, but for every profit, you have to pay 30% tax to the government. The future of cryptocurrency in India depends on the regulation regarding crypto, which either promotes the innovations or can impose the limitations.

The crypto market is very volatile and not regulated properly, which makes it more risky. But if you are planning to invest in crypto, then invest in known cryptocurrencies like Bitcoin, Ethereum, and Jio's newly launched JioCoin.

The best health insurance depends on reputable companies, your needs, an easy claims process, coverage, premiums, and good hospitals; these are the basic requirements for selecting any health insurance.

ICICI Lombard Complete Health Insurance and Niva Bupa Health Companion are the best ones. ICICI Lombard Complete Health Insurance offers a wide range of coverage options, a swift claims process, and the convenience of a cashless facility.

Niva Bupa Health Companion provides excellent coverage for you and for your family and also offers an easy claims process.

Yes, you can easily get the loan against your FD from the bank. Most banks can give 90–95% of a loan with your FD value at a lower interest rate than other types of loans. Every bank offers the loans on FD, but the terms and conditions may vary. So read the terms carefully.

Star Health Insurance, Niva Bupa Health Insurance, ManipalCigna ProHealth Insurance.

These are the best health insurance plans, which provide coverage for mental illness, cover pre- and post-hospitalization expenses, and cover therapy expenses as well. You can select the insurance according to your needs.

It's a beneficial move to rebalance your portfolio. This will help to reduce the risk by shifting your investments to debt funds.

@Kiara It's always better to diversify your funds to get better exposure to different sectors and a low-risk factor. So you should definitely diversify your SIP into different mutual funds.

The best funds to invest right now are:

Large-cap equity funds. Flexi Cap Funds. Hybrid funds.

All these funds will give you stable growth on a low-risk basis.