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Fixed Deposits

A Fixed Deposit (FD), commonly referred to as a term deposit or time deposit, is a financial instrument offered by banks and financial institutions that allows individuals to deposit a specific amount of money for a predetermined period at an agreed-upon interest rate.

Fixed Deposits are a popular investment choice due to their low risk and stable returns. When you invest in an FD, you commit your funds for a fixed tenure, which can range from a few months to several years. The interest rate associated with the FD remains constant throughout the chosen tenure, ensuring predictability in the returns.

Key Features of a Fixed Deposit that Team Avenir helps you achieve:
•    Steady Returns
•    Safety
•    Flexible Tenures
•    Liquidity Options
•    Interest Payment Frequency
•    No Market Fluctuations
•    Ease of Investment
•    Higher Interest for Senior Citizens
•    Loan Against Fixed Deposit
•    Tax Implications
•    Diversification
•    Automatic Renewal
•    Minimum Investment
•    Fixed Returns
•    Corporate Fixed Deposits: Apart from banks, certain corporate entities also offer Fixed Deposits with competitive interest rates