Bank Deposits

Deposit time slabs

A term deposit is an investment option offered by banks for a specified period of time. This period can range from as short as 14 days to as long as 5 years. As a depositor, you have the freedom to choose the duration that best suits your financial goals. This decision plays a crucial role in determining the returns you can expect from your deposit. So, it is important to weigh your options carefully before making a decision.

Related terms

Interest payout

Understand the meaning and definition of Interest payout in the context of stock market, trading, and investments.

MORE
Receipt

Understand the meaning and definition of Receipt in the context of stock market, trading, and investments.

MORE
Simple Interest

Understand the meaning and definition of Simple Interest in the context of stock market, trading, and investments.

MORE
Lender

Understand the meaning and definition of Lender in the context of stock market, trading, and investments.

MORE
Future Value

Understand the meaning and definition of Future Value in the context of stock market, trading, and investments.

MORE
Taxable interest

Understand the meaning and definition of Taxable interest in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers