Will the trend continue? Your guess is as good as mine.įixed deposit rates are an important factor for those who want to invest their money in a safe and secure manner. In recent months, the FD rates have been on the rise, partly due to the the rising global inflation and market interest rates. Understanding Fixed Deposit Accounts & Ratesįixed Deposit (FD) is an investment product that provides investors with a guaranteed return for a fixed amount of time. The minimum deposit required to enjoy the promotional FD rates.įresh Funds are often required, not transferred from the bank’s existing savings/current/fixed deposit accounts. The banks & financial institutions included are:Ĭlicking on them brings you directly to their official fixed deposit promotion page.
