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3 days ago · A fixed deposit or an FD is an investment instrument that banks and non-banking financial companies (NBFC) offer their customers. Through an FD, people invest a certain sum of money for a fixed period at a predetermined rate of interest in an FD.
Jul 2, 2024 · Fixed deposit (FD), also referred as ‘time deposit’ or ‘term deposit’, is an investment option that allows depositors to park their idle money for a fixed period and earn fixed interest on it at regular intervals during the chosen tenure or at maturity.
A fixed or term deposit is a one-time lump sum option offering a guaranteed return on your investment. It is offered by the bank or other financial institutions and has a fixed tenure, ranging from a few months to several years. Known for their low risk, FDs are considered safe investments as they provide guaranteed returns.
Open a fixed deposit online with HDFC Bank & grow your wealth with guranteed returns, Safe & Secure online paper-less process. Get attractive interest rates for FD in India.
2 days ago · Opening an FD account is now more convenient than ever, as you can do so online or by visiting a nearby bank branch. (Image: Freepik) Fixed deposits (FDs) are an ideal choice for individuals who ...
ICICI Bank offers FD interest rates as high as 7.75% p.a. for Senior Citizens (60 years and above age) and up to 7.2% p.a. for citizens below 60 years of age. Customer Type. General Citizen. Senior Citizen. Deposit Amount. ₹10K. ₹500 Cr. Interest Payout. On Maturity. Calculate maturity amount by. Tenure. Maturity date. Tenure. years. months. days.
A fixed deposit refers to an investment scheme that banks and non-banking financing companies provide. FDs offer greater returns on the principal invested when compared to the returns generated from a regular savings account. Fixed deposits have a fixed tenure, hence the name.
3 days ago · Personal Banking. Deposits. Fixed Deposit (FD) FD Interest Rates. Want us to help you with anything? Request a Call back. Corporate Fixed Deposit (FD) Submit now. FD Interest Rates. Higher Returns, Complete Security. FD interest rates as high as 7.75% p.a. for Senior Citizens (60+ years age) and up to 7.2% p.a. for General Citizens.
FD Interest Rates. One of the best ways to secure your money is by investing in fixed deposits which not only helps you to save money but also helps you to earn a substantial interest in it. Competitive Bank FD interest rates help the depositor to get a good Return on Investment over a fixed tenure.
Mar 4, 2022 · Apply Now. 6.55% INTEREST ON FD. Best FD Interest Rates 2024. Interest rates as of 1 May 2024. Looking for Higher FD rates? Book an FD @6.55% p.a. and get a lifetime free credit card. FDs of up to ₹5 lakhs insured by RBI. No hassle of opening a saving account. No documentation. Apply Now. Fixed Deposit Rates Offered by Other Private Sector Banks.
