What Is Fix Deposit??? Is FD Safe Investment???
What Is Fix Deposit:- You may have heard about many middle-class families that the person had opened the FD of his name on the birth of his son-daughter or the person had to break his FD prematurely in the compulsion. This FD means a fixed deposit, which is considered a safe investment in the middle-class households of India. Most middle-class families in India invest in fixed deposits to save money, secure money and get a definite return. Since there is a balanced economy in India and the people have trust in the banks, people are not worried that their FD will be irritated. But, in the bank where you have made an FD, do not be worried if he drowned! If he stopped or went bankrupt, then what will happen to your money? In this case, you will get your FD money. There are two types of investment market-minded FDs. First of all, the FD to be secured in banks is safe and there is no risk of investing in it. At the same time, people of other opinion believe that FD should not invest