Bank DepositsBank fixed deposits Repayment Deposit insurance Interest payout Non-Resident Accounts Tax-saving fixed deposits
Fixed deposit
A fixed deposit is a financial tool where an individual deposits a certain amount of money to a bank, financial institution, or company. In return, the receiving entity pays interest at a predetermined rate for the duration of the deposit. This allows investors to earn a guaranteed return on their investment. Once the deposit reaches its maturity date, the original amount is returned to the investor. In simpler terms, fixed deposits are also referred to as term deposits.
Related terms
Understand the meaning and definition of Bank fixed deposits in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Repayment in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Deposit insurance in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Interest payout in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Non-Resident Accounts in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Tax-saving fixed deposits in the context of stock market, trading, and investments.
MOREExplore other categories
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments
Get the link to download the App
