Glossary
/Term Deposit
What is a Term Deposit?
It is the broader, older cousin of your standard bank FD. You hand over a lump sum of cash to a bank or a corporation, and they agree to keep it locked away for a specific timeframe. In exchange, they pay you a fixed interest rate that doesn't budge. While normal people mostly use bank FDs, term deposits also include corporate deposits offered by NBFCs, which usually give you a slightly higher return because the risk is a tiny bit higher. Break it early, and you will lose a chunk of your interest.
Our Trusted Partners & Licenses
Vestbox
Your wealth deserves exclusivity, your strategy deserves intelligence.
Jbr Tech Park, Whitefield, Bengaluru, Karnataka - 560066
Disclaimer
Vestbox is a technology platform that facilitates access to financial products and investment-related services. Investments in mutual funds, securities, PMS, AIFs, SIFs, and other market-linked products are subject to market risks. Past performance is not indicative of future returns.
The information provided on this website is for general informational and educational purposes only and should not be construed as financial, investment, legal, or tax advice. Users are advised to carefully read all scheme-related documents and consult their financial, legal, or tax advisors before making any investment decision.
Vestbox does not guarantee returns, capital protection, or the accuracy/completeness of third-party information available on the platform. Any views, market outlooks, or opinions expressed are based on available information and are subject to change without notice.
Investment products offered through the platform may be distributed in association with registered intermediaries, AMCs, brokers, or licensed entities, wherever applicable.
By using this website, you acknowledge and agree that all investment decisions are made at your own discretion and risk.