Keep informed of the proceeds of their Fixed Deposit service.
Bank deposits are the safest and the best investment after Post office savings for the reason that all bank deposits are protected under the Deposit Insurance & Credit Guarantee Scheme of India. It is promising that you get loans up to75- 90% of the deposit amount from banks against fixed deposit receipts. The interest charged will be 1% more than the rate of interest earned by the depositors. The 1995 Finance Bill Proposals introduced tax deduction at source (TDS) on fixed deposits on interest incomes of Rs.5000/- and above per annum. We provide the best interest rate on fixed deposit.