Fixed Deposit

By:
Milan Das
Shweta Tindwani
Abhishek Kumar Singh
Rishu Nandeshwar
Ayush Jain

Fixed deposit (FD)

It is a financial instrument where a sum of money given to a bank, finan

How to Invest?

You would need to have a savings account with the bank in which you w

Taxation
Fixed deposits also offer income tax and wealth tax benefits.

Limits for FD

Withdrawal

Most of the banks charge premature withdrawal penalty in the form of a

Target Customers
Basically
Clients
Senior
citizens
With
all the
lump
people
sum money
who earn invest in FD

Nearest product of FD is Recurring

Deposits