Business News

How does Fixed Deposit Work & FD Calculation Methods

Understanding Fixed Deposits and FD Calculation Methods

Aug 17, 2024

Mumbai (Maharashtra) [India], August 17: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to grow their savings over a specific period at a specified interest rate. Fixed Deposits are designed to cater to a wide range of investor needs and goals and it is important to know how FDs work, the various FD calculation methods, and how Shriram Finance FD can be a beneficial choice for your investment portfolio.

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