Fixed deposits

There are different types of fixed deposits, each with its own set of features and benefits. Some of the most common types of fixed deposits include:

  • Regular fixed deposits: These are the most common type of fixed deposit. They offer a fixed interest rate for a fixed period of time.
  • Tax saving fixed deposits: These fixed deposits offer tax benefits under Section 80C of the Income Tax Act.
  • Recurring fixed deposits: These fixed deposits allow you to invest a fixed amount of money on a regular basis.
  • Floating rate fixed deposits: These fixed deposits offer an interest rate that fluctuates with market conditions.
  • Cumulative fixed deposits: These fixed deposits pay interest on a monthly or quarterly basis, but the interest is added to the principal amount and does not get paid out until the maturity date.

Oops! Nothing here

It seems we can’t find what you’re looking for. Perhaps searching can help.