A Fixed Deposit also known as a Term Deposit is an account which allows us to deposit money for a fixed time period. When the deposit period elapses, the depositors get interest on the amount deposited. The fixed deposit interest rates can be as high as 9.5% or more. Just deposit your savings at a bank of your choice and watch your money grow over time. Browse through the wide range of Fixed Deposit options and select the one that suits your needs the most.