Title | https://www.infugro.com/contents.php?id=6 |
URL | https://www.infugro.com/contents.php?id=6 |
Category | Finance and Money --> Accounting and Planning |
Meta Keywords | fixed deposit services in hyderabad |
Meta Description | Fixed Deposit aka term deposit is an instrument by which one can deposit his/her savings for a prescribed period of time with a bank. |
Owner | infugro |
Description |
Fixed Deposit aka term deposit is an instrument by which one can deposit his/her savings for a prescribed period of time with a bank. When the period of deposit elapses, the depositor is entitled to the interest on the deposited amount. In some cases, the rate of interest on fixed deposits can be as high as 9.5%! |