Nsuregrowth Overview

a. Understanding

a. As the name suggests, Fixed Deposit is an investment plan wherein you can deposit your lump sum money for a fixed period and earn interest. The rate of interest associated with the Fixed Deposit depends on the principal amount invested and investment tenure. So, on maturity, you will receive both the principal amount plus compound interest.

b. The company at present has bifurcated these fixed deposit investments into two categoroize

1. Where these fixed deposits are used margin for the companies borrowing

2. Others which are small time investments of the company ranging from 1 week to 30 days .