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Pooja Sharma

Job Interview Skills
English
2 years ago

7. What is Deposit Rate?

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Abhishek Mishra

2 years ago

In deposit terminology, a term Deposit Rate refers to the amount of money paid out in interest by a bank or financial institution on cash deposits. Banks pay deposit rates on savings and other investment accounts. Deposit accounts include certificates of deposit, savings accounts and self-directed deposit retirement accounts.

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