What is Fixed Deposit (FD)? A fixed deposit, as its name suggests, is an investment choice where both the investment period and the interest rate are predetermined. At the start of the tenure, which normally lasts between 7 days and 10 years, you can invest once. You receive the principal sum at maturity. You have the option of receiving the interest on the fixed deposit either on a regular basis or when it reaches maturity.
RD vs FD
RD vs FD
RD vs FD
What is Fixed Deposit (FD)? A fixed deposit, as its name suggests, is an investment choice where both the investment period and the interest rate are predetermined. At the start of the tenure, which normally lasts between 7 days and 10 years, you can invest once. You receive the principal sum at maturity. You have the option of receiving the interest on the fixed deposit either on a regular basis or when it reaches maturity.