Fixed Deposit

Apply for Fixed Deposit!

    Fixed Deposit

    A fixed deposit, often known as an FD, is a type of investment instrument offered by banks and non-banking financial institutions (NBFCs). You invest for a certain period of time and receive a fixed interest rate with FDs. You know what interest rate you’ll get and how much money you’ll get when the investment matures. You can also choose to receive an interest payment on a regular basis.

    A Fixed Deposit secures an amount of money for the duration of the deposit. Banks provide depositors the option of investing their money for durations ranging from seven days to ten years. The bank credits the depositor’s bank account with the interest and principal on the given maturity date.

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    Total of Payments (Principal + Interest) :

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