17 Years of Experience in Financial Industry
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
Fixed deposits enable investors to earn higher interest on their surplus funds. Earn fixed return on your fixed deposit.
They are the safest investment instruments, and offer greater stability involving fixed return and zero risk.
There is no effect of market fluctuations on your fixed deposits, which ensures greater safety of your investment capital