how is a fixed deposit account different from savings account
Answers
Answered by
5
in fixed deposit we can deposit our money for a fixed Limited period time but in saving account we save our money and any time we deposit the money and withdraw the money any time it is called saving account
Answered by
2
Answer:
Explanation:
Fixed deposits have a fixed lock-in period which limits the unnecessary withdrawal of your money until maturity. A saving account, on the other hand, enables you to withdraw any amount at any time which proves detrimental to your goal and wealth appreciation...
HOPE IT CAN HELP YOU!!!
Similar questions