Fixed Deposit Interest Rates: Check what SBI, PNB, ICICI, Axis and HDFC Bank are offering on FDs
Updated : May 20, 2019 01:01 PM IST
Fixed deposit schemes are available both at banks, as well as, post offices for a period ranging from seven days to 10 years.
Under section 80C of the Income Tax Act, an individual can claim tax deduction up to a maximum of Rs 1.5 lakh. There is no cap on the money that can be invested for a fixed period.