What is Types of Fixed Deposits? — Meaning, Definition & Example
Definition
FDs come in several types: Regular FD (standard), Tax-Saving FD (5-year lock-in, 80C deduction), Senior Citizen FD (0.25-0.50% extra rate), Flexi FD (linked to savings account), NRE/NRO FD (for NRIs), and Cumulative vs Non-Cumulative FD (interest reinvested vs paid out periodically).
A 5-year tax-saving FD of ₹1.5 lakh at 7% gives you approximately ₹2.1 lakh at maturity plus ₹46,800 tax savings under Section 80C at 30% slab.
🇮🇳 Types of Fixed Deposits in Hindi / हिंदी में
फिक्स्ड डिपॉजिट के प्रकार — FD कई प्रकार की होती हैं: रेगुलर FD, टैक्स-सेविंग FD (5 वर्ष), सीनियर सिटीजन FD, फ्लेक्सी FD, NRE/NRO FD, कम्युलेटिव और नॉन-कम्युलेटिव FD।
Types of Fixed Deposits (Hinglish) — FD kayi types ki hoti hain: Regular FD, Tax-Saving FD (5-year lock-in, 80C deduction), Senior Citizen FD (extra rate), Flexi FD, NRE/NRO FD (NRIs ke liye).