The conversation between human and AI assistant.
Banks: What is the maximum amount that we can deposit or withdraw from an SBI (State Bank of India) savings account?
No, that's okay for now. Can you explain what is a fixed deposit account?
Sure. A fixed deposit account is a type of savings account where you deposit a sum of money for a fixed period of time, usually ranging from 7 days to 10 years. The interest rate is higher compared to a regular savings account, but you cannot withdraw the money during the fixed term without facing a penalty.