Business Studies, asked by ganeshparking, 5 months ago

advantages of fixed deposit account

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Answered by Anonymous

Assured rate of return: The major reason why people prefer investing their funds in a fixed deposit is the assured rate of return. ...

Tax threshold for interest: ...

Flexible tenure: ...

Easy liquidation: ...

Loans against fixed deposit: ...

Reducing interest rates: ...

Locked in funds: ...

Penalties on withdrawal:

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