Business Studies, asked by shray99z, 11 days ago

what are the advantages of fixed deposit​

Answers

Answered by smitpatil40
0

Answer:

Advantages of Fixed Deposit:

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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