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Q: What are advantages of fixed deposit accout?
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What is the initial deposit to open an accout in sbi?

500/- without checkbook


What is the disadvantages of fixed deposit?

what is the disadvantages of fixed deposit


Fixed deposit is fixed asset or current assest?

A fixed deposit in the name of a firm is not a fixed asset.


What is Accounting entry of interest on fixed deposits?

fixed deposit A/c dr. to int on fixed deposit


How do you write letter for bank fixed deposit?

I want letter for bank fixed deposit


What is the difference between fixed deposit and non convertible debenture?

fixed deposit has its fixed term, but debenture does not have any term. fixed deposit can be invested in eqty,debt or any other , but the debenture is debt only.


What are the advantages of a fixed deposit?

A FD Account is one in which the customer deposits a big sum of money (Usually a few thousands and upwards. There is actually no limit to the amount of money you can deposit in a FD) for a fixed duration of time (Atleast 3 months or higher). Since you agree to keep the money deposited with the bank for a fixed/agreed upon duration, the bank gives you a very good interest as payment for keeping the deposit The advantage is the fact that you earn a very good interest on the money you place as a fixed deposit


Highest Interest in which deposit - recurring deposit or fixed deposit?

how to calculate Recurring deposit interest ?


What do you call a portion of a bank's deposit that are not loaned?

fixed deposit


How do you claim fixed deposit?

Every Fixed Deposit will have a certificate linked to it. The bank would issue you a certificate that is the proof that you have a fixed deposit with the bank that is worth 'n' rupees and matures on 'x' date. You need to carry this back to the bank and submit it and ask for cashing your fixed deposit. The bank will accept the certificate and pay you the cash that is due for the deposit.


Is fixed asset a current asset?

fixed deposit is an assets


Who are the targeted customer for fixed deposit in India?

WHO ARE THE MAJOR TARGET MARKET FOR FIXED DEPOSITS WHO ARE THE MAJOR TARGET MARKET FOR FIXED DEPOSITS Identify the major target market of fixed deposit