Fixed Deposit

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Fixed Deposit

A fixed deposit (FD) is a financial instrument provided by bank which provides investors with a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.They are considered to be very safe investments.

  • Flexibility of tenure-15 days to 10 years.
  • Easy peocedures.
  • No document required for saving account holder.