That’s higher than most savings accounts you’ll find at local banks. If you’re sitting on cash you won’t need for 1–5 years, locking it in now could earn you hundreds more than you’d get later. Online banks like Popular Direct and Bread Savings are offering the best deals; no branches, lower overhead, better rates. The Fed’s already cut rates 3 times in 2025, and more cuts are likely. That means CD rates might dip soon. Don’t wait. Even a ₹50,000 deposit in a 3-year CD at 4.5% can net you over ₹7,000 in interest; tax-free if in a PPF, but here? Real, hard returns. Compare your bank’s CD rate with what’s out there. You might be shocked. And if you need flexibility, high-yield savings accounts are also paying 4–5%; but those rates can drop anytime. CDs lock it in. Your move.