fixed deposit - The Informal News

FD Rules Changed: RBI has changed the old rules of FD! Know otherwise there will be a loss

theinformalnews4 years ago4 years ago04 mins

FD Rules Changed: If you also put money in fixed deposits, then you must know this news. RBI has made changes in the rules related to FD. The new rules have also become effective. After this, many government and non-government banks have also increased the interest rates on FDs. So if you are also going…

How to avoid TDS on bank fixed deposits

theinformalnews7 years ago6 years ago08 mins

Here’s what you can do Fixed deposit (FD) is a financial instrument provided by banks or Non-Banking Financial Companies (NBFCs) on deposit of a lump sum amount at an agreed rate of interest and for a fixed period. FD investments provide a higher rate of interest compared to a savings account. However, withdrawal of the FD…