How much money can be locked in a Fixed Deposit?
- Posted: 24th July, 2024
- Updated: 20th November, 2024
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https://www.shriramfinance.in/financial-faq-how-much-money-can-be-locked-in-a-fixed-deposit
The amount that can be invested in a Fixed Deposit (FD) varies by financial institution. Most institutions set a minimum deposit amount. The minimum and maximum tenure for a Fixed Deposit (FD) account vary depending on the financial institution. Each institution sets its terms and conditions for deposit durations, so it is advisable to check with the specific institution for their available tenures.
Popular FAQs
- Can I invest ₹50 lakhs in an FD?
- What age proof is required for a senior citizen fixed deposit?
- Is there any minimum tenure for booking a reinvestment fixed deposit?
- Is the nomination facility available for five-year fixed deposits?
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Recent FAQs
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