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Are Bank Fixed Deposits (fds) Safe? |
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Answer» Bank Fixed Deposits (FDS) are GENERALLY safe investments because FDs up to Rs 1 lakh are insured under the Deposit Insurance & Credit GUARANTEE Scheme of INDIA. Bank Fixed Deposits (FDs) are generally safe investments because FDs up to Rs 1 lakh are insured under the Deposit Insurance & Credit Guarantee Scheme of India. |
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