What is Fixed Deposit (FD) And Explain How Does It Work
Fixed deposits are a form of Term deposit offered by banks in India. They are a popular form of Term deposit, Recurring Deposits (RD) being another. In India, FD is offered for a tenure of 7 days to 10 years. For tax-saver FDs, your tenure options get limited between 5 and 10 years. Typically, interest […]