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FDR Full Form – Meaning, Examples, Features, Functions

Definition of FDR Meaning-What is FDR Full Form in Banking and Financial Industry-Functions of FDR Examples of FDR Features-WikiFinancepedia

Money deposited over a specified period of time is accompanied by Fixed Deposit Receipts (FDRs) issued by banks and other financial institutions. A time deposit is a financial arrangement whereby the depositor consents to hold their funds with the institution for a designated duration, at which point they will accrue a predetermined rate of interest.

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