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Fixed Deposit

Fixed Deposits

A fixed deposit (FD) is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. They are considered to be very safe investments. The defining criteria for a fixed deposit is that the money cannot be withdrawn from the FD as compared to a recurring deposit or a demand deposit before maturity.
At Mahesh Pai’s Financial Hub, we offer a flexible FD solutions service designed to complement your existing management structure.