Fixed Deposits
Fixed deposits typically offer a stated interest rate for a specified tenure, subject to the institution's terms and applicable rules.
Compare the rate with the full deposit terms, not the rate alone.
A fixed deposit typically offers a predetermined interest structure for a specified tenure, subject to the institution’s terms. Important differences can arise in premature withdrawal, payout frequency, taxation and deposit protection.
Check the deposit-taking institution and the applicable deposit-protection framework.
Compare cumulative vs non-cumulative options, tenure and interest payout timing.
Read premature withdrawal rules, renewal instructions, TDS/tax treatment and other terms.
Read before you decide.
Financial products can have different risk, liquidity, tax and regulatory characteristics. Use this page as an educational starting point and review the actual product documents before making decisions.
What should you check for Fixed Deposits?
Institution risk
Check the deposit-taking institution and the applicable deposit-protection framework.
Tenure & payout
Compare cumulative vs non-cumulative options, tenure and interest payout timing.
Premature withdrawal
Read premature withdrawal rules, renewal instructions, TDS/tax treatment and other terms.
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