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Bank Fixed Deposits (FDs): Five Rules You May Not Know
07 May 2018, 08:40 AM IST i

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Bank FDs: Senior citizens are entitled to higher income deductions on interest income from this fiscal.
For investors looking for a guaranteed or regular income, bank fixed deposits or bank FDs remain very popular investment options. Many banks offer the options of opening fixed deposits online. Maturity period of up to 10 years are also offered by some banks. Premature closures of fixed deposits are subjected to applicable charges. Investors can earn interest monthly/quarterly/half-yearly or yearly basis according to their convenience...
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