TDR

Definition : Term Deposit Receipt
Category : Business » Banking
Country/Region : India India
Popularity :
Type :
Initialism

What does TDR mean?

Term Deposit Receipt (TDR) or Fixed Deposit Scheme is a type of bank savings or investment account that promises the depositor/investor a fixed rate of interest. In return, the investor agrees not to withdraw or access his / her funds for a fixed period of time.

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