Grow your money with this account that lets you invest a specific amount of money for a fixed period of time, at an agreed interest rate. At the end of the agreed period (tenor), the investment can either be rolled over (re-invested) or liquidated (returned to customer) with the interest amount earned.
A Fixed/Tenured Deposit is a tenured investment account with a specific amount invested at an agreed interest rate and tenure. At the end of the agreed period (tenure), and based on your instructions, the investment can either be re-invested or returned to you with the interest amount earned.