Why is the principal amount and the fixed deposit maturity amount of my Fixed Deposit the same

When your Fixed Deposit is booked with the quarterly / monthly interest pay out option, the maturity amount is the same as the principal amount. The interest amount will be credited to your account at quarterly / monthly intervals.

Why is the principal amount and the fixed deposit maturity amount of my Fixed Deposit the same

When your Fixed Deposit is booked with the quarterly / monthly interest pay out option, the maturity amount is the same as the principal amount. The interest amount will be credited to your account at quarterly / monthly intervals.