SAI-Bank

Did you know?

Did you know that Apple’s cash and investments are equal to the entire country of Hungary’s GDP?

Fixed deposits: how much do you really know about them?

A fixed deposit, or ‘FD’, is a type of savings/investment account for a specific period of time that promises the investor a fixed rate of interest.

In a fixed deposit investment, interest is usually paid at the very end of the investment period. SAI-Bank offers the possibility of receiving interest on a monthly, quarterly or at maturity of term deposit. And because the investment term and interest rate are fixed, you can easily calculate the interest you will earn at the end of any fixed deposit investment.