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What Is Maturity Of An Fd? |
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Answer» MATURITY is the time at which the amount in the fixed deposit has to be RETURNED to the investor. The fixed deposit is GIVEN for a time period that is decided at the time of making the investment and at the expiry this has to be given BACK. Maturity is the time at which the amount in the fixed deposit has to be returned to the investor. The fixed deposit is given for a time period that is decided at the time of making the investment and at the expiry this has to be given back. |
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