Amount Time : 1 Year Indian Banks FD HDFC Bank (Nov 13, 2020) @ % Maturity: Rs.xxx ICICI Bank (Oct 21, 2020) @ % Maturity: Rs.xxx Axis Bank (Nov 13, 2020) @ % Maturity: Rs.xxx
Fixed Deposit is an investment scheme, where you deposit an amount for a fixed time to earn interest. Banks and non-banking companies offer this scheme. Here we will see how to maximize the FD returns and compare the fixed deposit in India.
India post office Fixed Deposit means National Savings Time Deposit(TD) or Post Office Time Deposit Account (TD). Post office FD is payable yearly but calculated quarterly. It is not just a simple interest but compounding frequency is quarterly. The maximum period of TD in the post office is 5 years. Here is the Post Office FD Calculator.
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