नेपाली
A Fixed Deposit (FD) is a low-risk, fixed-return investment where you deposit a lump sum for a set period (e.g., 7 days to 10 years) at a pre-agreed, guaranteed interest rate, offering higher returns than savings accounts but with restricted access until maturity, making it ideal for secure wealth growth. You choose the amount, tenure, and interest payout (monthly, quarterly, or cumulative), with options for loans against the deposit, and it's also known as a Term Deposit.
Key Features & Benefits:
Guaranteed Returns: The interest rate is fixed and doesn't change with market fluctuations, ensuring predictable income.
Fixed Tenure: Deposits lock funds for a specific duration (e.g., 3 months, 1 year, 5 years).
Higher Interest: Generally offers better rates than regular savings accounts.
Low Risk: A very safe investment, often with deposit insurance.
Liquidity (Limited): While funds are locked, you can often get a loan against the FD without breaking it, or withdraw early (usually with a penalty).