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A Fixed or Tenured Deposit is an investment account with a predetermined amount invested at a mutually agreed upon interest rate and tenure. However, before considering investments in Fixed Deposits and Recurring Deposits, there are several crucial factors to take into account. These include factors like returns, taxation implications, and penalties associated with premature closure. In this video, I will provide a comprehensive explanation of Fixed Deposits, along with a detailed Excel sheet comparison for better understanding.

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