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| Definition | : | Fixed Deposit |
| Category | : | Business » Banking |
| Country/ Region |
: | India
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| Popularity | : |
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| Type | : |
Initialism
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Fixed Deposit (FD) is a kind of interest-yielding deposit offered by banks in India. FD is a deposit held by a bank or other financial institution for a fixed period of time agreed upon between the bank and the depositor. FD offers higher interest than a regular savings account but imposes conditions on the amount, frequency, and/or period of withdrawals.
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The full form of FD is Fixed Deposit
Fixed Deposit | Finance Director