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When should one use fixed deposits for savings? |
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Answer» Fixed DEPOSITS should be used for savings for the following reasons, - Use it because the market fluctuations won't affect your savings then.-use it when you to have a low maintenance for your ACCOUNT. - Use this account when you do not want any RISKS. -Use this when you want APPRECIABLE interest income on the returns. -Use it if you get a better RATE. |
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