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Fixed Deposit FAQs

Understand fixed deposits better with our comprehensive FAQs. Get clear, precise information to make informed investment decisions.

The following categories of individuals and entities are eligible to invest in a fixed deposit (FD) in India.
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The minimum deposit required to book a fixed deposit (FD) is usually quite low, allowing access to a wide range of investors.
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The interest earned on a ₹1 lakh fixed deposit with depends on several factors:
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For high-value deposits like ₹2.5 crore, estimating monthly returns is essential for effective cash flow planning.
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Financial instiuitions offer a preferential interest rate of +0.50% per annum to all senior citizens aged 60 and above, regardless of gender.
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For a ₹10 lakh fixed deposit for senior citizens, the interest earned would depend on several factors.
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The factors impacting interest rate offered on fixed deposits of high amounts, such as ₹3 crore, include.
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