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Indian bank fd marathi news: Everyone wants him to earn profits by investing money in a good scheme. Bank FD is the best option for people to invest money. When it comes to investment, most people like to invest their money only in bank FD. The reason for this is that the money invested in FD is safe.
Along with this, returns are also good and already fixed. Various banks of the country provide different interest rates to their customers on FDs. Also, FD’s interest rates vary depending on the FD period. Various banks of the country offer FDs to their customers at different interest rates. In such a situation, every investor should invest in the FD of a bank where he gets the most interest.
If you are using a bank FD to invest your money, then you should invest your money in the FD of the bank that gives you the highest interest rate. Today we are going to tell you about the FD of Indian Bank, one of the largest public sector banks of the country.
Indian bank FD
Indian Bank provides very good interest rates to its customers on FDs. In this bank, FD gets returns from 2.80 percent to 8.05 percent. At the same time, people get the highest interest rate returns in FD of 400 days duration of Indian Bank. In this FD, ordinary citizens get a return of 7.30 percent and senior citizens get 7.80 percent.
Indian Bank has a profit of Rs 25,000 in 400 days FD
If you invest Rs 3 lakh in the 400 -day FD of Indian Bank, then you will get a full Rs 3,24,751 on maturity. While senior citizens get Rs. 3,25,503. In this situation you will get a benefit of up to Rs 5 lakh. 25,000.
From 1 April 2025, new TDS rules will be applicable on FD for senior citizens
From April 1, 2025, interest income received from FD for senior citizens will be subject to the de cut only when the total amount in the bank is more than Rs 1 lakh in a financial year. This means that if a senior citizen keeps his interest income less than Rs 1 lakh in the bank, then that bank will not deduct any TDS. This means that investors can effectively manage this TDS by calculating the right investment amount for a certain interest rate, and can ensure that it remains within the annual interest limit of TDS.