We're all set for a new experience. To visit the old Ventura website, click here.
Ventura Wealth Clients

Help topics

Will a savings account be opened for me when I book an FD?

No, the funds will either be reinvested in the same issuer or transferred to the same bank account you used for the investment. No savings account will be opened.

Related articles

What is day high and its use in day trading?
What is day low in the stock market?
What is Top Gainers?
What does Top losers refer to?
What is Active by Volume?
What is Active by Value?
What is 52-week low?
What is 52-week high?
What is advances/declines in NSE?
What is open interest in F&O trading?
What is Arbitrage in the stock market?
What is futures price and how is it calculated?
What is Spot Price ?
What is basis trading in the stock market?
What is Long Build Up?
What is Short Build Up?
What is Long Unwinding?
What is Short Covering?
What is Implied Volatility (IV)?
What is Option Chain?
What is a ban period in options trading?
What is Support in stock market ?
What is Resistance in stock market?
What are pivot points?
What is Cut-off Price for a Book Issue Building?
What is the payment process when applying for IPO?
Can I apply for an IPO in both the shareholder and retail category through Ventura?
Why are some UPI handles not shown on the Ventura IPO window?
When are funds unblocked if the IPO was not allotted?
I got a confirmation that the shares are credited for the IPO Bid, but I cannot see them on Ventura account, why?
Can a non-client apply for an IPO with Ventura?
Can I apply for an IPO without UPI Id?
When does the application process get completed?
Can multiple orders be placed from same UPI Id?
Can the order be placed at any point?
How do I apply for an IPO with Ventura?
Do I need to register my bank account or UPI Id before transacting in an IPO?
Is UPI the only mode to apply for IPO through Ventura?
What additional documentation/details are required to apply for IPO?
What is UPI?
When can I sell the allotted shares?
What if my bank is not providing UPI service for public issues? Can I use third party UPI ID or a third party bank account for making payment?
Can I apply for IPO if I do not have an account with Ventura?
When will I receive my UPI mandate request after placing an order?
What should I do if mandate has not been received?
Can I apply in IPO using Ventura Securities call & trade services?
How to Cancel IPO application?
When will my bank account be debited?
When will I get to know if the shares have been allotted to me?
Who is eligible to invest in an IPO?
What are the Different Types Of IPO?
What is an IPO?
Where can I find the IPOs applied for?
What is a Mutual Fund?
What is an AMC (Asset Management Company)?
What is a SIP (Systematic Investment Plan)?
How can I start a SIP with Ventura?
How do I stop a SIP?
What is Lumpsum?
What is Switch in mutual funds?
How long will it take for the mutual fund units to show up in my portfolio?
What does NAV mean for Mutual Funds?
What is exit load in mutual funds?
How do I calculate the Exit Load of my Mutual Fund investments?
What is CAGR?
What is XIRR?
What is an ELSS fund, and how do they help in tax planning?
What is lock-in period in mutual fund investment?
What are closed-end funds?
What is indexation?
Can I invest in Gold via Mutual Funds?
Can I invest in US/International markets via Mutual Funds?
Can I buy and redeem Mutual Funds after market hours?
What are open-ended funds?
Can I make regular monthly investments in an FD?
I already have an active FD with the bank. Can I open another one with Ventura?