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What is fixed deposit account kya hota ha?

Posted by Rohit Maurya 3 years, 9 months ago

CBSE > Class 11 > Business Studies

1 answers

Harshita Bansal❤️ 3 years, 9 months ago

Fixed Deposit Account: Money is deposited in the account for a fixed period is called as Fixed Deposit account. After expiry of specified period ,person can claim his money from the bank. Usually the rate of interest is maximum in this account. The longer the period of deposit, the higher will be the rate of interest on deposit.

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