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Why creating fixed deposit from mobile app makes sense?
short by / on Wednesday, 17 December, 2025
Creating a fixed deposit through one's bank’s mobile app is smarter because it allows instant breaking in most cases, as per experts. For example, a ₹1 lakh FD created via app can be closed anytime and credited back immediately, even if interest drops from 7% to 6%. This speed and flexibility make app-based fixed deposits far more convenient than branch-created FDs.
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