| Show me another |
|
i want to see bank fd verses post office interest rate
|
|
In
Fixed Deposits
-
Asked by sunil -
1 year ago
|
Best Answer:
On Bank fixed deposit you earn more interest rate in comparison to post office FD. Interest earned on bank FD is taxable although banks have separate tax saving FD scheme it is for at least 5 years.
Post office offer low interest rate but the interest earned is tax exempted under Section 80C.
Interest of banks frequently according to the monetary policies of RBI.
To know more about Fixed Deposits visit rupeetimes.com.
1 year ago - By Lovely
|
|
