Question

what is maturity amount in bank?

Answer 1

Fixed Deposit (FD) is a type of term deposit offered by banks and other non-banking financial companies (NBFC). Fixed Deposit offer higher interest rates than savings accounts but on certain terms and conditions. ... The maturity amount of the fixed deposit is paid out at the end of the tenure.

Answer 2

Maturity value is the amount payable to an investor at the end of a debt instrument's holding period (maturitydate). For most bonds, the maturity value is the face amount of the bond. For some certificates of deposit (CD) and other investments, all of the interest is paid at maturity