What is a Fixed Deposit? A Quick Overview
A fixed deposit is a financial instrument provided by banks or NBFCs that offers a higher interest rate than a regular savings account until the given maturity date. Investors deposit a lump sum of money for a fixed tenure, and the bank pays interest periodically. To easily manage your fixed deposit and other financial services, Download Bajaj Finserv App. This app allows you to monitor your investments, check interest rates, and even book a fixed deposit
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