Is Structured Deposit Principal Guaranteed? The aim of structured deposits is to guarantee the initial invested principal, therefore operating as a type of term deposit, while seeking a higher return than that of a deposit by linking the return to the performance of an underlying assets, which may be: Stock securities. Commodities. Are structured deposits
Is Mod Better Than FD? SBI Multi Option Deposit Scheme (MODS) are term deposits linked to the savings or current account (individual). Unlike normal fixed deposits (FD) which are fully liquidated anytime you need funds; you can withdraw from a MODS account in multiples of ₹1, 000 as per your fund need. What is the
What Is The Difference Between A Saving Account And A Time Deposit Account? A time deposit is an interest-bearing bank account that has a pre-set date of maturity. … Time deposits generally pay a slightly higher rate of interest than a regular savings account. The longer the time to maturity, the higher the interest payment