"Fixed Deposit" is a money deposit that cannot be withdrawn for a certain "term" or period of time (unless a penalty is paid). When the term is over it can be withdrawn or it can be held for another term.
|Products||Minimum Balance||Existing Rate||Interest Payment Mode|
|6 months||N/A||10%||Quarterly Payment|
|Upto 1 year|
|Above 2 years|