This is a very common investment method.
Risk is very less compared to other type of investments but return also not very high.
Interest rate varies from bank to bank and depends on the scheme you choose.
Tenure can be anything between 15 days to 5 years.
All leading nationalized, private and co-operative banks offer fixed deposits.
Different banks have different schemes and features like easy FD, cash certificate, auto renewal, free credit card with FD etc.
Risk is very less compared to other type of investments but return also not very high.
Interest rate varies from bank to bank and depends on the scheme you choose.
Tenure can be anything between 15 days to 5 years.
All leading nationalized, private and co-operative banks offer fixed deposits.
Different banks have different schemes and features like easy FD, cash certificate, auto renewal, free credit card with FD etc.