Fixed Deposit

                    Fixed Deposit (FD) is a type of term deposit that gives fixed rate of interest to the investors until maturity. 

By investing in FD, the investor can save and earn money at the same time. It also offers a higher rate of interest compared to a regular savings account.

               Fixed deposits (FD) are investment instruments offered by banks and non-banking financial companies, where investor can deposit money and get a higher rate of interest than saving accounts. Usually, the defining criteria for FD is that the money cannot be withdrawn before maturity, but the investor may withdraw prematurely after paying a penalty.