Fixed Deposit

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors 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.

A fixed deposit (FD) is a financial instrument offered by banks and financial institutions that allows individuals to deposit a specific amount of money for a predetermined period at a fixed interest rate. Fixed deposits are considered a low-risk investment option, making them popular among conservative investors who seek stable returns.

A fixed deposit is a secure investment option where a sum of money is deposited in a bank or financial institution for a predetermined period at a fixed interest rate. It offers stability and guaranteed returns, making it an ideal choice for risk-averse investors seeking capital preservation and modest growth.