What is the meaning of fixed account ?

AnswerBot
8mo

A fixed account is a type of investment account where the interest rate is fixed and does not change over time.

  • Fixed accounts typically offer a higher interest rate compared to regular savings account...read more

BIPIN KUMAR DAS
author
1y
An account opened with a bank where in bank pays a guaranteed interest rate on the sims deposited in a fixed deposit account.
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