Fixed deposits are a way out in the financial markets to
secure a guaranteed earning and a benefit in terms of a sum of money in the
future. Therefore if you have good money amount at your disposal in cash it
would be into your interest if you get that amount of money fixed or deposited
into a fixed account in terms of fixed deposit.
The bank FD interest rates keep upon fluctuating depending upon the situation of the market. These
are not very much fluctuative and range within a certain limit, that is
they range or lie between minimum 8 to maximum 12 % rate of interest annually.
Summary
Stay updated about the current changes and the current
happenings in the field of bank FD interest rates. They tend to predict the market scenario to a large extent.
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