How does an investor continue with the fixed deposit?
At the end of the time period of the fixed deposit there are two options that are present for an investor. The first one is that he/she can take back the money and this would result in an inflow of funds that can be used for his/her various requirements. On the other hand, there can also be a situation where the investor might want to make another deposit out of the same amount that has been invested.
Related Questions
- What is the process of dispatch of Fixed Deposit Receipt? Will it be couriered to the Investor directly or through the broker/Channel through which the investment was made?
- What are the documents that I have to submit to open an FCNR Fixed Deposit?
- Can a Fixed deposit during currency be converted into CD?
