A fixed deposit or FD is an investment product offered by banks and Non-Banking Finance Companies (NBFCs). In FDs, you invest for a set amount of time and get a fixed interest rate.You know at the time of investing what interest rate you will get and how much money you will receive at the time of maturity. You also get the option of selecting a regular payout of interest.
In a Fixed Deposit, the sum of money is blocked for the period of the deposit. Banks allow depositors the flexibility to invest their funds from periods as low as 7 days to 10 years. … On the date of maturity, the bank credits the principal and interest to the bank account of the depositor.
A fixed deposit (FD) is a financial instrument provided by banks/corporate/companies which provides investors with a higher rate of interest than a regular savings account, until the given maturity date.
We provide various corporate and company fixed deposits that give higher rate of interest than bank FD’s or regular savings account.
To know which Fixed Deposit is suitable for you to achieve your goals contact us
