What is a Fixed Deposit? Know the meaning & features of FD
https://www.idfcfirstbank.com/finfirst-blogs/finance/what-is-fixed-deposit-meaning-features
A fixed deposit, also known as an FD, is an investment instrument offered by banks, as well as non-banking financial companies (NBFC) to their customers to help them save money. With an FD account, you can invest a sizeable amount of money at a predetermined rate of interest for a fixed period. At the end of the tenure, you receive the lump sum ...
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