Fixed Deposits (FDs) are one of the most trusted and popular investment options, providing a safe way to grow your savings. With assured returns over a predetermined period, FDs offer financial security and stability, making them an ideal choice for conservative investors.

An FD is a financial instrument where you can deposit a lump sum for a fixed tenure at a predetermined interest rate. Unlike market-linked investments, FDs offer guaranteed returns, ensuring that your principal remains intact and grows steadily over time. The interest rate on FDs is determined at the time of investment and does not fluctuate, providing certainty in earnings.