Fixed Deposit Savings is a product for disciplined, long-term savers who want to lock a lump sum for a defined duration while earning interest. This product is ideal for those who do not need immediate access to their funds.

Key Details:

1. Interest Rate: 20% (tiered by duration)
2. Withdrawals: Only allowed via breaking the plan; early withdrawal forfeits accrued interest
3. Top-Up: Not allowed (one-time deposit)
4. Halal-Compliant: Option to opt out of interest

FAQs

1. Minimum Duration: 1, 3, 6, 12 months
2. Early Withdrawal: Allowed but forfeits interest
3. Top-Up: Not allowed
4. Notifications: You will receive a notification at maturity
5. Halal Compliance: Interest can be opted out of