What Is Fixed Deposit

fixed deposit is investment a instrument which allow investor to protect his hard earn capital to risky market fluctuations. With an Investec fixed term deposit savings account, you can save for a longer term by investing your funds for one month to five years, earning a competitive interest rate. You don’t need a private bank account and can save from RS 100,000. There are no monthly fees to erode your savings and your capital is guaranteed. Should you not need access to your savings for a fixed period of time, an Investec fixed term deposit investment account will bring you competitive returns.

Benefits of Fixed Deposit.

The benefits of this account is that generally the interest earned is higher than that on an instant access or notice deposit account. The interest rate is locked in and does not change throughout the period. Most financial institutions offer a capital guarantee on the amount invested. 

• Guaranteed returns for a fixed term
• Competitive interest rates on fixed deposits
• Compound or pay out interest on a monthly basis