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Is it enough to attract high net worth individuals to the bank. Some banks also invest a part of the funds to invest in mutual funds and even directly in shares to increase the earnings of the savings account for the customer. But what happens when the share market crashes.
Flexi Fixed Deposit is a special kind of deposit scheme offered by banks, which is a combination of Demand deposit and Fixed Deposits. The depositor is able to enjoy both the liquidity of Savings/Current accounts as well as the high returns of Fixed Deposits.
