A fixed deposit (FD) is one of the well-known savings schemes available with banks and financial institutions. Individuals use this savings scheme to keep their capital with a financial institution for a predefined period. The fixed deposit scheme is popular among individuals because it gives a fixed interest rate on the deposited amount. https://what-is-fixed-deposit.blogspot.com/2025/01/what-is-fixed-deposit-and-why-should.html