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Ask your Question    (100 characters left) Search for questions:      Advanced Credit Cards Car Loans Home Loans Personal Loan Education Loans Fixed Deposits Savings Accounts Miscellaneous Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate Resolved Question: Show me another can i get any tax exemption against FD acoount. if so for how much portion i ll elgible to get In Fixed Deposits  -  Asked by Jagan mohan rao -  1 year ago Best Answer: Banks have separate tax saving fixed deposit schemes. In this scheme you have to deposit your money for a minimum of 5 years and the amount is around Rs l lakh. Almost all the nationalized banks have this scheme you can contact the bank and check the terms and conditions. To know which bank is offering Best FD rates visit rupeetimes.com. 1 year ago - By Nancy Other Answers (2) show: Newest to Oldest Oldest to Newest Answer 1. Always understand tax saving scheme properly and its return giving before signing on the dotted line. 1 year ago - By Beenu Answer 2. Your tax exemption will depend on your income tax bracket. For instance if you are earning return of 8.5% on your tax saver deposit and you fall in the 20% income tax bracket then your effective post-tax return would be around 12.4% p.a. This is after taking into account the tax rebate earned as well as tax paid on interest earned. A 5-year fixed deposit, is a near risk-free investment. 1 year ago - By Farhan Answer: Open Questions give me some good proposal for safe investment/ regular monthly returns Fixed Deposits for those having age of 55 and above i want know my account balance in sbi Hi , I am planning to invest 1.5 lakhs for my new born daughter , can you please suggest best plan. i would like deposit 15 lak for 5 year but i need to get monthly interest how much percentage View All Discover: Resolved Questions which scheme of interest rate is better between compounding and fixed interest rate on fixed deposit I want 2 lakh rupees invest in fixed how much interest will get in per month i want to open fixed deposit of rupees 10000/- in sbi. how much interest rate for this amont i want to invest Rs 20,000.00....which scheme and Bank will give me more interest rate. I will keep 50k as FD in any Bank for 15 years. How much i will receive after 15 years in hand. View All Vote: Undecided Questions No question found. COMPARE RATES Get best FD rates Best FD rates by banks Compare Car Loan Rates for a used car Get best bank for Home Loan Show All... COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATORS Fixed Deposit Interest Income Calculator Credit Card Balance Transfer Savings Calculator Car Loan Amount by EMI Calculator Car Loan Amount by Down Payment Calculator More Calculators... CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   NEWS THIS WEEK • To create financial awareness, RBI organizes camp in northeast Feb 10, 2012 • FCNR (B) deposit rates revised by Vijaya Bank Feb 9, 2012 • RBI instruct banks to display details of unclaimed deposits on their websites Feb 8, 2012 • Doorstep banking facility launched by YES Bank Feb 8, 2012 • Manappuram Finance and Manappuram Agro Farms banned from accepting deposits by RBI Feb 7, 2012 News Archive EDITORS' PICKS Recurring deposit facility by IDBI Bank Regular fixed deposits in India: Great way... Children’s Saving Account- teaching... How to Invest to Save? Credit profile and its effect on loan...

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