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i want to invest 1 cr in FD. How should i save tax and what is the best percentage i can get?
In Fixed Deposits  -  Asked by Anuj -  1 year ago

Best Answer:
To save tax you can invest in tax saving fixed deposit scheme. Most of the banks offer this scheme. In this scheme minimum lock-in period is 5 years. If you want to invest in regular fixed deposit then you can check the Best FD rates of different banks on rupeetimes.com.
1 year ago - By Ali

Other Answers (2)
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Answer 1.
I prefer nationalized banks for investment so that my money is safe.
1 year ago - By Lalit
Answer 2.
You should invest with nationalized bank although the rates are a bit low than private and foreign banks but your money is safe. Some people to earn more interest invest with corporates also. Now days corporates have also launched fixed deposit schemes but it is not safe because companies keep facing financial problems and you can lose money.
1 year ago - By Pingi
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