Question

command FD30 is wrong because there is no........... between FD and 30

Answer 1

Fixed deposits (FDs) are a popular instrument among Indian investors mainly because of the assured returns and the ease with which an FD can be started and renewed. There are, however, certain rules that come into play for renewals. Here’s how they work. Do remember that these rules do not apply to online FDs as the maturity amount in such cases gets credited automatically to the savings bank account.