i need it for my project. can u also giv me the savings acc rate for syndicate bank? its not in their websiteCan ne body define fixed deposit acc?
What is a fixed deposit?
A fixed deposit account allows you to deposit your money for a set period of time, thereby earning you a higher rate of interest in return. Fixed deposits also give you a higher rate of interest than a savings bank account.
A fixed-income debt security, usually issued by banks. A Fixed Deposit is like loaning the bank your money. In return, they pay you interest.
Who can apply for a fixed deposit account?
Individuals and organizations with the intention of retaining their savings for a fixed period for some future use.
What are the benefits of a Fixed Deposit?
The option to withdraw the deposit at any time before maturity without any difficulty.Can ne body define fixed deposit acc?
deposit is fixed and so is the interest..............jus kidding
it is a type of deposit in banks
you deposit a fixed amt and get a fixed interest
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