COST OF A MODULAR KITCHEN

Cost of a modular kitchen varies from a few thousands to lakhs. It depends on different factors but mainly based on the following factors.

• Materials
• Space
• Type
• Shape
• Fittings
• Appliance

MATERIALS

Materials are the primary cost of a modular kitchen making. selection of these materials plays a vital role because of quality and budget.

WOOD

There are many wood materials types available in the market. Depending on your budget and need; you can select it.

• PVC
• Particle board
• MDF
• HMR
• MR Ply (commercial ply)
• BWR ply
• BWP ply
• WPC ply

LOANS AVAILABLE

A fixed deposit is a wonderful means of investment from which the investor can avail of loans when required. He can take a loan the amount permitted by the bank without breaking the fixed deposit. Thus, the investment will remain intact and all the emergencies can be addressed with the loan taken. Banks also offer overdrafts against a fixed deposit which is equally beneficial.

CAN BE BROKEN PARTIALLY OR FULLY

FD Investment is a liquid investment that can be broken conveniently. A person can break it completely if he is in an acute need for money or choose to derive a portion of it. This is another feature of FDs that make it completely flexible for investors as they can use their money as and when required.

FLEXIBLE TENURES FOR INVESTMENTS

One can opt for a fixed deposit in a bank for a tenure of seven days to 10 years. It is the choice of the investor for how long he wants to keep his money deposited in the fixed deposit. Term FDs vary with a very high range and this offers the maximum amount of flexibility to a person.

SAVES A LOT OF INCOME TAX

People who have to pay a lot of income tax at the end of a financial year always opt for a fixed deposit. Tax-saving FDs are available for five years that will help the investor in saving his hard-earned money that is deducted as income tax. Section 80C of the Income Tax Act states this fact clearly.

One should always visit a reliable bank and opt for the best-fixed deposit that can boost his investment. This form of investment has always attracted wise investors who make strategic plans regarding their capital. Therefore, people who want to grow their money should get a fixed deposit done at the earliest.