Non-Cumulative vs. Cumulative Fixed Deposits – What’s the difference? - Upstox Help Center

Non-Cumulative vs. Cumulative Fixed Deposits – What’s the difference?

Non-Cumulative Fixed Deposits: Interest is paid out at regular intervals, which can be monthly, quarterly, half-yearly, or yearly, depending on the chosen payout option.

Cumulative Fixed Deposits: Interest is compounded and paid only at maturity, along with the principal amount.

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