Freo Blog What is a Floating Fixed Deposit & Its Benefits

Fixed Deposits (FDs) are a popular way for people to save money and keep it safe. With regular FDs, you get a fixed interest rate throughout the deposit period. But there's another option called Floating Fixed Deposits. These let you earn interest rates that might go up or down while your money is in the deposit. In this blog, we'll talk about how Floating Rate Fixed Deposits work, why they're useful, and what to think about if you want to invest in them.