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monthly interest on FD

JaswantSinghJaswantSingh subscriber Posts: 1 Member
in Business Planning

Can we get monthly interest on FD?

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  • DevikaManiDevikaMani subscriber Posts: 13 Bronze Level Member

    A Fixed Deposit is the amount of cash you keep with a bank as a store for a fixed timeframe against which the bank pays you a fixed pace of revenue. You can pick the method of interest installment. There are principally two sorts of methods of getting the interest. One is a combined alternative where the interest is accumulated on a quarterly, paid on the development of the FD/auto-renewed. The other is a non-combined alternative which is paid as month-to-month interest or quarterly or on development.shriramcity

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