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Should you invest in fixed deposits as interest rates are rising? Representational image Is Fixed Deposit an asset or a liability? With Fixed Deposit interest rates going up recently, the debate ...
(Image: Freepik ... Also Read: Gold Loan Frauds: Crucial red flags and how to stay protected In exchange, the institution provides a fixed interest rate that is typically higher than that of ...
Fixed Deposit ... from Fixed Deposit (FD) investment is fully taxable if it crosses a specified limit. Under Section 80 TTB, senior citizens, whose interest income on FD is up to Rs 50,000, enjoy ...
State Bank of India (SBI) Reinvestment Plan vs Fixed Deposit: The SBI reinvestment plan is basically a kind of Fixed Deposit plan, but with a difference. In the regular Fixed Deposits, the account ...
With the RBI reducing repo rates, fixed deposit interest rates are expected ... short and medium-term FDs will be more immediate. (AI image) ...
Fixed deposits are a hugely popular way of growing ... by the bank depending upon the period of deposits. For monthly deposit scheme, the interest will be calculated for the quarter on compounding ...
(iStock) Fixed deposit withdrawal rule: Indian banks have increased their deposit interest rates multiple times since the RBI started hiking the repo rate in May 2022. Experts believe that it is ...
Currently, many depositors fail to designate nominees when opening fixed deposits, possibly due to insufficient awareness. (AI image ... for at least one deposit account or safe deposit locker.