Fixed Deposit is a sort of Term Deposit with higher loan cost (when contrasted with standard bank account) and on account of high financing cost and generally safe, it's a serious famous venture decision in India. The loan fee is fixed for the entire development time frame and, it's normally considered as a very sheltered speculation. (AAA)
The financing costs contrast bank to bank and furthermore on the development time frame (generally 1-3 years of term stores offer higher loan fee). The premium is aggravated quarterly (at regular intervals) in many banks.
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