Fixed Deposit is a type of savings or investment account that promises the investor a fixed rate of interest. In return the investor agrees not to withdraw or access their funds for a fixed period of time which could range from 3 months and above.

FIXED DEPOSITE

SN          Period                                           Interest Payment

1          3 Months                                            At Maturity

2          6 Months                                            At Quarterly

3          9 Months                                            Monthly

4          1 Year                                                Monthly

5          1 Year                                                At Quarterly

6          Above 1 Year                                      At Quarterly