Glossary
/FD Full Form
What is the Full Form of FD?
The full form of FD is Fixed Deposit.
You give the bank a lump sum. They lock it up for a set time, maybe 1 year, maybe 5. In return, they give you a guaranteed interest rate that doesn't budge, no matter what the stock market does. It’s super safe because the RBI insures it up to 5 lakhs. Retirees love it for the steady income, though the returns often struggle to beat inflation over time.
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