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Is there any risk in Digital FD?
No, there is no risk in Digital FDs, as these are non market-linked instruments, which means that the returns they provide do not depend on movement in the capital market. Since intrest rate on digital FD is pre-fixed there is no element of surprise or risk. In other words, what you see is what you get in digital FD.
Is there any risk in Digital FD?
No, there is no risk in Digital FDs, as these are non market-linked instruments, which means that the returns they provide do not depend on movement in the capital market. Since intrest rate on digital FD is pre-fixed there is no element of surprise or risk. In other words, what you see is what you get in digital FD.