FDR/DEPOSITAT CALL

• When you place money with a financial institution (FI) in a fixed deposit (aka time deposit), the FI will issue you with a document bearing your name, account no., the amount of the principal you placed, the interest rate, the value date, the maturity date, the period for which this rate is fixed (can be 1 week, 1 mth, 3 mths, 1 yr, etc) and the amount of interest you will get on the maturity date, your instructions on the maturity date (e.g.rollover the amount, or transfer to another account, etc). This document is known as a Fixed deposit receipt.
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• What Does Treasury Receipt Mean?
  
• A zero-coupon bond issued by a brokerage firm and collateralized by treasury securities held for the investor by a custodian.
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• Money at Call = money in a Fixed Deposit account that is available at call. It is classed as a current asset. 

Acually i want to know about the security deposit with the purchaser in the shape of F.D.R

pls explain me in this regard 

Originally posted by : tme s limted,bt drms r unlmtd
	Acually i want to know about the security deposit with the purchaser in the shape of F.D.R pls explain me in this regard

its called earnest money or bid money 

you have to get an FDR made out in name of the party for a specific period of specific amount from your bank account only, which is to be submitted with tender

after completion of the work they will endorse on back of FDR to the extent to advise bank to pay back to YOU, and u get the money back. 

in case u are defaulter then they will encash the FDR and it will be penalty for you, as you can not claim it back.

may i know if  there is any interest on this FDR ,if yes then who can get interest on this FDR ,the person who is making FDR or  the purchaser???

FDR interest is payable at the time of maturity or at intervals 

if selected at maturity then the amount will go with principal to the person who encash the FDR

if selected at monthly / quarterly intervals, then the bank account used for creating FDR will get credited on dates. 

Thanks for the vital information