What is Fixed Deposit (FD) and Recurring Deposit?
1. Fixed Deposit A Fixed Deposits, more commonly referred to as an FD, is an investment account held with the bank where the bank promises the inv…
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What is a bank and bank account ? And what types of bank account?
What is a Bank account and why is it needed? A bank account is a financial account maintained by the bank on behalf of a customer. It is an arrangem…