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Fixed Deposit

A fixed deposit is a financial instrument where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. The interest rate is generally higher than that of a regular savings account, making it a preferred choice for conservative investors.

    Key Features

  • High Liquidity: Easily sellable at market rates.
  • Tangible Asset: Can be physically held and stored.
  • Long-term Value: Historically retains or increases value.
  • Security: Can be securely stored in a vault or safe.

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