Fixed Deposit (FD)

byPaytm Editorial TeamLast Updated: October 21, 2025

Definition

A Fixed Deposit (FD) is a bank investment where a lump sum is deposited for a fixed tenure at a predetermined interest rate.

Benefit

It offers higher interest than savings accounts and ensures safe, predictable returns.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

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