What Is Fixed Deposit In — Sbi

A Fixed Deposit (FD) is one of the most popular and safest investment options offered by the State Bank of India (SBI) , India’s largest public sector bank. In an FD, you deposit a lump sum amount with the bank for a fixed period (tenure), and in return, the bank pays you a predetermined rate of interest.

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A Fixed Deposit (FD) is one of the most popular and safest investment options offered by the State Bank of India (SBI) , India’s largest public sector bank. In an FD, you deposit a lump sum amount with the bank for a fixed period (tenure), and in return, the bank pays you a predetermined rate of interest.

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