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“Look at the amount that you are thinking of putting in the fixed deposit that you have or maybe already have a little.

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Earning here is less than what you are earning or in other words what you are paying on your loan.

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That you have taken some amount from FD and that you can use to repay the loan,” says Arnav Pandya, Founder, MoneyEducationSchool.

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An interesting point about Fixed Deposits is that they attract for a specific period - some for 549 days, some for 15 months.

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The number of days or specific period the session occupancy is high. And what is the logic behind it and what is the reason?

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If you look at these types of offers, they are mainly from sites that offer a specific rate for a specific period of time.

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The one complaint anyone with a business would have is that they borrow money, a large portion of which comes from saved deposits.

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And then they lend it out to different degrees, whether it's corporate, or individuals, and so on. So each bank has a specific time period.

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For which they are giving more loans. Now it is not necessary that you are getting Fixed Deposit for the same period.

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