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What is the maximum time limit of FD?

What is the maximum time limit of FD?

Q: What is the maximum time limit of FD?

The maximum time limit of FD can be anywhere from 5 to 10 years. Some financial Institutions offer long-term fixed deposits with extended time limits. These can vary between 15 and 20 years. You will get greater flexibility and interest income from these deposits.

Posted:24th July, 2024
Updated:24th July, 2024

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Investments
Fixed Deposit

The maximum time limit for a fixed deposit (FD) varies depending on the financial institution. However, some financial institutions offer FDs with a maximum tenure of 5 years, while others may allow for a longer tenure. However, these may have specific terms and conditions. It's advisable to check with your preferred financial institution for their maximum FD tenure options.