Fixed Deposit

Fixed deposit (FD) is a financial instrument where a sum of money given to a bank, financial institution or company whereby the receiving entity pays interest at a specified percentage for the time duration of the deposit. At the end of the time period of the deposit the amount that is originally given is returned to the investor along with Interest.

Fixed Deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits.

Types of Companies offering Fixed Deposits

Features and Benefits

        i.) Maturity

        ii.) Yearly

        iii.) Half-yearly

        iv.) Quarterly

        v.) Monthly