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
I am planning to invest in SBI-FD for 2lakhs & 1year. Please advice whether tax will be deducted?
I am planning to invest in SBI-FD for 2lakhs for a duration of 1year. Please advice whether tax will be deducted for this case ? If so how much tax will be deducted ? It would be nice if i get a breakup of the maturity amount after all deductions if any. I already have an FD for 50K which will be maturing by aug2008 with SBI.
In Fixed Deposits  -  Asked by Manikandan -  8 years ago

Best Answer:
HI...surely you would get some tax rebate on investing money in FD's if you want the complete information about sbi fixed deposit visit here and also go through the important eligibility criteria/interest rates of almost all major banks offering this scheme in India. Also calculate the rates using fixed deposit calculator without paying any cost!
8 years ago - By Rehaan

Other Answers (1)
Answer 1.
i think it's 10-12% rebate on every 1 lakh investment in fixed deposit but only with the public sector banks so before investing go through the RBI rules. ICICI bank is also good one to invest i have 30k mutual funds with them and getting much benefits!
8 years ago - By Prakash Singh
Answer: Open Questions
No question found.
Discover: Resolved Questions RSS
If I invest 100000 rupees deposit for 2 year , how much i will get monthly interest
zEENa: ℰscℴℛts Call ℊiℛl In Kharar💋O985566o911💋 Call ℊiℛl Service In Chandigarh Escort kharar
995371__safi__0545 /escorte service in delhi
FEMÄLE ÉSCÖℝT _995371__nitu__0545 SERVIÇES FEMÄLE ÉSCÖℝT GíRL ÉSCÖ&#
Mohali: EsCoℜT In ChAnDiGaRh 09855660911 Mohali ~CaℒL GiℛℒS Service In Panchkula CaℒL Giℛℒ In Mohali
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:
 

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:
 

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive
EDITORS' PICKS
Tax saver fixed deposits in India earn you...
J&K Bank raises PLR
Financial ratios as an aid to financial...
FMPs or FDs: Make an informed choice
Gold ETFs or Gold Funds: Which One Should...