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A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. The tenure of FDs vary according to the scheme chosen by the customers. A fixed amount is deposited for a tenure of 1/2/3/4/5 years. We offer different interest rates for different tenures ,highest being offered on 5 year duration.
| S.N. | Scheme Name | Deposit Amount | Maturity Amount | Tenure | Interest Rate |
|---|---|---|---|---|---|
| 1 | FIXED DEPOSIT | 50000 | 70000 | 5 YEARS | 8% |
| 2 | FIXED DEPOSIT | 100000 | 140000 | 5 YEARS | 8% |