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What are the advantages of fixed deposit​

Answer»

ong>Answer:

Advantages of Fixed Deposit:

Assured rate of return: The major reason why PEOPLE PREFER investing their funds in a fixed deposit is the assured rate of return. ...

TAX threshold for interest: ...

Flexible tenure: ...

Easy liquidation: ...

LOANS against fixed deposit: ...

REDUCING interest rates: ...

Locked in funds: ...

Penalties on withdrawal:



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