{"id":19585,"date":"2022-12-15T12:01:33","date_gmt":"2022-12-15T06:31:33","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?post_type=web-story&#038;p=19585"},"modified":"2022-12-15T12:01:34","modified_gmt":"2022-12-15T06:31:34","slug":"what-is-floating-interest-rate-fd","status":"publish","type":"web-story","link":"https:\/\/kuvera.in\/blog\/web-stories\/what-is-floating-interest-rate-fd\/","title":{"rendered":"What is Floating Interest Rate FD?"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Roboto+Condensed%3Awght%40400%3B700\" rel=\"stylesheet\"\/><link 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id=\"473596ec-ac5b-492d-b0b0-553a51429d7a\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#59d5dc\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-0bb6b052-c795-476b-a209-8e161a8025bb\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2.png\" alt=\"1\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-2-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\"><\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"ccadc23f-cb4d-4131-94dd-5b98ae7126c8\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#cc9404\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-bb679910-7d81-40d2-9387-f69050b3b1fc\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3.png\" alt=\"3\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/3-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:2.10356%;width:108.25243%;height:7.60518%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.4484304932735426% 0.4484304932735426% 0.4484304932735426% 0.4484304932735426% \/ 4.25531914893617% 4.25531914893617% 4.25531914893617% 4.25531914893617%\" id=\"el-86f0af4c-b0b7-40ff-84bb-e7c59cb11d63\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08127802690582896% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.647249em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #ffd900\">&nbsp;&nbsp;Floating Rate FD<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.67961%;top:20.55016%;width:78.8835%;height:33.65696%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6153846153846154% 0.6153846153846154% 0.6153846153846154% 0.6153846153846154% \/ 0.9615384615384616% 0.9615384615384616% 0.9615384615384616% 0.9615384615384616%\" id=\"el-f694bb3d-d29f-4d2a-8336-b951c461c9b3\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.06971153846153846% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">Floating rate term deposits are a variant of fixed deposits,&nbsp; wherein the rate of interest is not fixed for the entire duration of the deposit, which fluctuates with the reference rate that periodically reset.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.66019%;top:62.29773%;width:60.19417%;height:34.62783%;opacity:1\">\n<div id=\"anim-999c824d-5646-4807-8267-030e1c521df7\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(-132.66129%, 0px, 0)\">\n<div id=\"anim-8e99b43a-00bb-410f-aaa0-add7f9e19b25\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-a820e40f-d9f6-4b0e-ae0a-00ecfddad585\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.15)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-65303c02-0edd-4758-8585-bb8cdbdcfa42\">\n<div style=\"position:absolute;width:100%;height:115.88785%;left:0%;top:-7.94392%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T101706.208.png\" alt=\"image-removebg-preview - 2022-12-15T101706.208\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T101706.208.png 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layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-02febdeb-b99b-44b0-a17d-a5a897c403db\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#043c84\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-f98894af-791a-4129-bb0b-a13eb5937fc6\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1.png\" alt=\"2\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-1-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:15.29126%;top:0;width:69.17476%;height:7.60518%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.7017543859649122% 0.7017543859649122% 0.7017543859649122% 0.7017543859649122% \/ 4.25531914893617% 4.25531914893617% 4.25531914893617% 4.25531914893617%\" id=\"el-f1837508-f05f-4c1d-870f-7207e3bc3d7d\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.12719298245613936% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.647249em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Who can Invest<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.13592%;top:23.13916%;width:76.21359%;height:23.78641%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6369426751592357% 0.6369426751592357% 0.6369426751592357% 0.6369426751592357% \/ 1.3605442176870748% 1.3605442176870748% 1.3605442176870748% 1.3605442176870748%\" id=\"el-436163ae-9282-4837-bb6a-3c005825518a\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.07215366242038217% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>Any individual, separately or jointly, minor (through his or her guardian), and head of HUF are eligible to invest in floating FD.<\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:17.71845%;top:62.45955%;width:70.38835%;height:34.78964%;opacity:1\">\n<div id=\"anim-24f0e8b2-73a5-48f5-82ba-607d67c85792\" class=\"animation-wrapper\" 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580w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T102837.546-300x222.png 300w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T102837.546-150x111.png 150w\" sizes=\"(min-width: 1024px) 32vh, 70vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"f67f5ff3-71e5-42df-9ee9-ff694492d44c\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1cef2eec-68d1-4eb3-9c78-fbc3a1287147\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-42afbb78-b51e-43c5-bc72-0bde7b94c3e8\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#a4bc9c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9ee912a0-4e4f-4620-8f25-96046d5dbd5b\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3.png\" alt=\"2\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/2-3-150x267.png 150w\" sizes=\"(min-width: 1024px) 48vh, 108vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:0;width:92.96117%;height:7.60518%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5221932114882507% 0.5221932114882507% 0.5221932114882507% 0.5221932114882507% \/ 4.25531914893617% 4.25531914893617% 4.25531914893617% 4.25531914893617%\" id=\"el-c5c4b72f-0b66-4989-b4d4-605b6cb18d1d\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.0946475195822447% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.647249em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #35363a\">Who is it suited for<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.16505%;top:21.52104%;width:82.03883%;height:23.78641%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.591715976331361% 0.591715976331361% 0.591715976331361% 0.591715976331361% \/ 1.3605442176870748% 1.3605442176870748% 1.3605442176870748% 1.3605442176870748%\" id=\"el-6c1aa021-9db4-4fe1-832b-1b7e13005f3c\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.06703032544378698% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>Floating FD is best suited for the financially aware investors, who is not averse to taking &nbsp;call on the direction of future interest rates\/inflation.<\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.67961%;top:59.06149%;width:87.62136%;height:41.10032%;opacity:1\">\n<div id=\"anim-1cef2eec-68d1-4eb3-9c78-fbc3a1287147\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-42afbb78-b51e-43c5-bc72-0bde7b94c3e8\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-4e750c84-c9cf-49f8-8aad-8cd58daefabc\">\n<div style=\"position:absolute;width:100%;height:109.40455%;left:0%;top:-4.70227%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T104408.358.png\" alt=\"image-removebg-preview - 2022-12-15T104408.358\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T104408.358.png 569w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T104408.358-300x231.png 300w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T104408.358-150x115.png 150w\" sizes=\"(min-width: 1024px) 39vh, 88vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"b69ae4f4-3108-43fd-ad4e-76a4d80fdfe0\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-36a60ffe-df70-4882-917e-528bbe3300b5\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-86b7405e-afd1-4324-84cd-3277275c9586\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-6c0b28de-6358-4ffa-91c5-e0b6c934d3fb\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:-13.83495%;top:-160.67961%;width:116.74757%;height:278.64078%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-47f0d0c1-d086-4959-9c6d-1c90a46296d1\">\n<div style=\"position:absolute;width:201.37735%;height:100%;left:-50.68867%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1.png\" alt=\"6\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/6-1-150x267.png 150w\" sizes=\"(min-width: 1024px) 53vh, 117vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:2.10356%;width:87.86408%;height:15.21036%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5524861878453038% 0.5524861878453038% 0.5524861878453038% 0.5524861878453038% \/ 2.127659574468085% 2.127659574468085% 2.127659574468085% 2.127659574468085%\" id=\"el-b71c90d9-e084-45a4-9dd4-5d19bc540aaf\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.10013812154696054% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.647249em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">What are your floating rate FD options?<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:30.2589%;width:80.09709%;height:22.97735%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6060606060606061% 0.6060606060606061% 0.6060606060606061% 0.6060606060606061% \/ 1.4084507042253522% 1.4084507042253522% 1.4084507042253522% 1.4084507042253522%\" id=\"el-f29fde14-f8d6-479f-8509-b19d5f02df57\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.08238636363636298% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span>IDBI bank and Yes bank are the two banks which provides floating rate fixed deposits.<\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:14.07767%;top:64.07767%;width:74.27184%;height:33.00971%;opacity:1\">\n<div id=\"anim-36a60ffe-df70-4882-917e-528bbe3300b5\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-86b7405e-afd1-4324-84cd-3277275c9586\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-15536364-97fa-4798-bddc-887927b4ab9a\">\n<div style=\"position:absolute;width:100.00001%;height:100%;left:-0.00001%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T105420.291.png\" alt=\"image-removebg-preview - 2022-12-15T105420.291\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T105420.291.png 612w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T105420.291-300x200.png 300w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T105420.291-150x100.png 150w\" sizes=\"(min-width: 1024px) 33vh, 74vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"eb4a7e7a-2b35-48ce-b007-4eb04655a113\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-e861c7a4-adb6-4d74-819b-0408cf235195\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fcfd2be0-8e15-47ea-bd33-dcd497f2f1cc\",\"keyframes\":{\"transform\":[\"scale(0.3333333333333333)\",\"scale(1)\"]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(.3,0,.55,1)\",\"fill\":\"forwards\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#692ef0\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-448e9afc-58dd-4b59-8bfd-adb65a86558e\">\n<div style=\"position:absolute;width:100%;height:100%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1.png\" alt=\"1\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1.png 1080w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1-864x1536.png 864w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1-768x1365.png 768w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1-576x1024.png 576w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1-169x300.png 169w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/1-1-150x267.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:2.589%;width:76.21359%;height:15.21036%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6369426751592357% 0.6369426751592357% 0.6369426751592357% 0.6369426751592357% \/ 2.127659574468085% 2.127659574468085% 2.127659574468085% 2.127659574468085%\" id=\"el-17bf112f-123a-431a-83f0-60aa91cc92dc\">\n<h1 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.11544585987261055% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.647249em;line-height:1.19;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Benchmark and spread are key<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:27.99353%;width:78.15534%;height:19.09385%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6211180124223602% 0.6211180124223602% 0.6211180124223602% 0.6211180124223602% \/ 1.694915254237288% 1.694915254237288% 1.694915254237288% 1.694915254237288%\" id=\"el-a9e971bd-a95e-4835-8283-a5ea3c7dd451\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.0703610248447205% 0;font-family:&quot;Roboto Condensed&quot;,sans-serif;font-size:0.404531em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #fff\">The type of benchmark and the spread will determine whether or not an FD will give you superior returns.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:16.01942%;top:54.85437%;width:68.4466%;height:40.61489%;opacity:1\">\n<div id=\"anim-e861c7a4-adb6-4d74-819b-0408cf235195\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-fcfd2be0-8e15-47ea-bd33-dcd497f2f1cc\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:scale(0.3333333333333333)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a723d4d5-e11e-4643-b846-744ec56849f0\">\n<div style=\"position:absolute;width:100%;height:112.35059%;left:0%;top:-6.17529%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T114046.276.png\" alt=\"image-removebg-preview - 2022-12-15T114046.276\" srcSet=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T114046.276.png 500w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T114046.276-300x300.png 300w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T114046.276-150x150.png 150w,https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/12\/image-removebg-preview-2022-12-15T114046.276-96x96.png 96w\" sizes=\"(min-width: 1024px) 31vh, 68vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"073e8692-6e46-4aee-967a-456ef36d855b\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" 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