Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Banking / What is termed deposit?
Q.

What is termed deposit?

view 54Views

2 Year

Comment

1 Answers

Send
0 2022-11-02T17:36:18+00:00
⤺ Reply

Hey Pal,

A term deposit account is one where investors consent to make deposits into the account for a specific amount of time. A term deposit locks up money for a predetermined period of time (the "term"); as a result, you can't access the money until the term is over. In exchange, you'll receive a guaranteed rate of interest for the term you choose, ensuring that you'll know precisely how much money you'll earn back.

For more details, I would like to suggest that you go through the below-mentioned response;

What is a Term Deposit Account: Meaning?

I hope this helps:)

Calculate your EMI on a home loan via the NoBroker EMI calculator. With NoBroker's house loan services, get a stress-free home loan disbursement.

Shifting, House?

✔

Lowest Price Quote

✔

Safe Relocation

✔

Professional Labour

✔

Timely Pickup & Delivery
inline_cards

Intercity Shifting-Upto 25% Off

Check Prices

inline_cards

Intracity Shifting-Upto 25% Off

Check Prices

inline_cards

City Tempo-Upto 50% Off

Book Now

Most Viewed Questions

How to Download Income Certificate Online Tamil Nadu?How to calculate home loan EMI?What is MOD Charges for Home Loan?What is part period interest in SBI home loan?How to Avoid Part Period Interest in SBI Home Loan?How to check APF number online?Last 10 Years Home Loan Interest Rates in India?How to Close SBI Home Loan?How to Do Prepayment of SBI Home Loan?How to Check EPF Grievance Registration Number?See All

Recently Published Questions

What is Equitas Home Loan Review?What is Cooperative Bank Housing Loan Interest Rate?What is Home Loan Interest Rate in Kerala?What is the Home Loan Interest Rate in Ahmedabad?What is J&K Grameen Bank Home Loan Interest Rate?How to Pay IDBI Bank Home Loan EMI Online?How to check home loan eligibility in LIC?What is Kaveri Grameena Bank Home Loan Interest Rate?What is the Lowest Home Loan Interest Rates in Pune?What is Dombivli Nagari Sahakari Bank Home Loan Interest Rate?See All

Authors Of The Question

profile
Dinesh Raj

0 Total Answers


0


profile

Recently Answered Questions

Is unmarried daughter eligible for CGHS / any health scheme under Govt of India? What is termed deposit? How Much Is 5 Acres Of Land? What is SRN in UIDAI? How to get gas connection bill? I lost My Old Sim Card. How to Get a New Sim? What Is The Reviews Of Asian Paints Painting Services? How to get AC technician job? How to find CIF number What Happens If Mirror Breaks In Home?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners