Fixed Deposit

Chemslife Financial Services

Fixed Deposit

Fixed deposit is an investment vehicle which allows investors to put their idle money into and turn it into guaranteed returns. These returns are calculated at fixed FD rates in a specific time period ranging from 7 days to up to 10 years (20 years in some cases).

BENEFITS

Assured rate of return: The major reason why people prefer investing their funds in a fixed deposit is the assured rate of return.

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