13
Jan
A fixed deposit (FD) is a form of term investment plan that pays out a certain amount of money regularly. Banks and non-bank financial institutions (NBFCs) provide it, and the interest rate on FDs is greater than on traditional savings accounts. The interest rate on FDs is fixed and does not fluctuate with market changes, and the maturity time is locked in. An FD return calculator can help you figure out how much interest and how much money you'll get when your investment matures. It calculates the precise amount of interest your money will earn over a specified period. How…