What is fixed deposits and mutual funds in banks?hi! i am new to banking and has account in canara bank and i want to know how fixed deposit works.presently i am having 20,000 and want to fixed deposit them for 1 year at 9% interest rate.so,tell me that will i get monthly interset or annual interest.plz tell what if i did'nt disturbed my 20,000 for 1year.what... | |