Can FD be Done for 3 Months

Fixed Deposits (FDs)
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can fd be done for 3 months?

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Yes, you can definitely open a Fixed Deposit (FD) for 3 months. Banks and NBFCs in India allow you to choose flexible tenures for FDs starting as low as 7 days and going up to 10 years, depending on the institution. So, a 3-month (or 90-day) FD is completely possible.
Here’s how it works in simple words:

  • When you deposit money in an FD, you agree to keep it locked for a fixed period.
  • If you choose 3 months, your money stays invested for 90 days.
  • At the end of this period (called maturity), you get back your principal + interest earned.

FD for 3 months is possible, but it’s usually used for parking money for a short-term rather than for wealth building. If you want higher returns, longer tenures (like 1 year or more) are better.