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Fixed deposit acount
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I would like to have a fixed deposit acount with a bank for 10 lakhs for the period of 5 years. Kindly sugest the best interest provider in reputed banks. In addition please clarify the following. Whether i can get the time to time revised interest rates apart from the agreed interest rate at the time of fixed deposit date.
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Fixed Deposits
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Asked by Jyoti -
1 month ago
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Best Answer:
Sure, i would definitely help you out! Investing your money in Fixed deposit is really secured and best because they also offers income tax rebates. I would recommend you to invest in sbi fixed deposit scheme who give around 8.5-9% per annum/quarterly or which ever tenure you choose interest rates varies to individual scheme. If you want to compare the various banks and find which one would be best just use fixed deposit calculator which would help you to find the exact amount which you get on the desired amount of investment for the specific interval of time..
1 month ago - By Rahul Rao
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