How much money can be locked in a Fixed Deposit?
- Posted:24th July, 2024
- Updated:20th November, 2024
The amount that can be invested in a Fixed Deposit (FD) varies by financial institution. Most institutions set a minimum deposit amount. The minimum and maximum tenure for a Fixed Deposit (FD) account vary depending on the financial institution. Each institution sets its terms and conditions for deposit durations, so it is advisable to check with the specific institution for their available tenures.
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