Introduction: Fixed deposits (FDs) are a popular investment choice for those seeking a secure and predictable return on their savings. With guaranteed interest rates and minimal risk, FDs offer a stable way to grow your money over time.
Product Description: A Fixed Deposit is a financial product offered by banks and financial institutions where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. At the end of the tenure, you receive the principal amount along with interest earned.