Fixed deposits are term deposits provided by banks and non-banking financial companies (NBFCs), which offer a pre-decided interest on the amount of money you invest, for a fixed period. Fixed deposits offered by NBFCs are known as Corporate FDs or Company FDs. FD interest rates vary per the tenor chosen by the depositor. They are the safest and most stable investment options that assure guaranteed and high returns, unlike other fixed-income instruments like savings accounts and post office fixed deposits.




Fixed deposits are abject to change as per RBI interest rates policy.