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A Flexi-Fixed deposit is a special kind of deposit offered by banks in India. It is a combination of a demand deposit and a fixed deposit . The depositor is able to enjoy both the liquidity of savings and current accounts and the high returns of fixed deposits.
Fixed deposits are high-interest-yielding term deposits and are offered by banks. The most popular form of term deposits are fixed deposits, while other forms of term deposits are recurring deposit and Flexi Fixed deposits (the latter is actually a combination of demand deposit and fixed deposit) [ citation needed ] .
Flexi Fixed Deposits; R. Recurring deposit; T. Time deposit This page was last edited on 30 August 2022, at 06:38 (UTC). Text is available under the Creative ...
A certificate of deposit — or a CD — is a savings account that pays a fixed rate of interest on an initial deposit that you agree to lock away for an agreed-on period of time. CD terms can ...
Liquidity will be a big factor in choosing between term deposits and call deposits. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...
The interest rate on an MMA is variable, meaning it can fluctuate depending on market conditions, just like a traditional savings account. ... Certificate of deposit. Fixed rates earn 4.25% or higher.