Fixed deposit (FD) is a deposit made on a special type savings account that reaps you a fixed interest over a fixed time period on the principal investment that you made. The investor is not privy to access the amount deposited in a fixed deposit account before it matures or reaches the mutually agreed tenure.
I'm Sam Jose, a professional banking & financial consultant. Banking & Finance is not just an accidental career path of mine. My passion in the field of banking because of my curiosity in financing. I suggest financial services to clients based on their financial situation.