Fixed Deposit

Account allows for money deposited for a period. The money is deposited for a period of days or months. The money deposited in this account cannot be withdrawn before the expiry of specified period. The rate of interest paid for fixed deposit vary (changes) according to amount and period. Interest rates are dependent on amount deposited. After the period, based on the initial instruction, the investment can either be re-invested or returned to you with the interest amount earned.

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