Difference Between Savings Account and Fixed Deposit

Aaliyahasaayn21 Jul, 2023Finance

The 2 most common savings plans in India are a savings account and a fixed deposit. They differ in many terms. Find out their benefits and where to use them! Saving your money is as crucial as earning it. You need to save money not only for your future financial goals but also for any unforeseen financial emergencies. However, saving doesn?t mean stashing a bundle of currency notes under your mattress or inside your almirah. This way, you would be saving your money ? but it will never grow.