What is a Fixed Deposit?
Fixed Deposit, also known as Term Deposit, is an investment product that provides guaranteed returns to its investors. It invests for a fixed tenure at fixed interest rates that are offered at the time of opening a Fixed Deposit. FDs are offered by Banks, Non-Banking Financial Companies (NBFCs), and corporate institutions. NBFCs and Corporate bodies offer higher interest rates than banks.
#finance #fixeddeposit #fd #corporatefixeddeposit #fdinterestrate #fixeddepositonline

https://www.rrfinance.com/OurP....roducts/fixed-deposi