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What is the taxable amount for fixed deposit in local bank?

I want about fixed deposit interest?

  • I want to deposit a big amount in Bank as a Fixed Deposit. I want the Interest on fixed deposit I earned which Bank Mostly given to Me More & Better. Another I want to the Interest I earned getting me in monthly basis as pension or salary type.like 10000 monthly or 15000 monthly interest i get. what it is the prosisure of that fixed deposit & which bank given me better interest.

  • Answer:

    It depends on the bank. Different banks have different rates for fixed deposit. In my area it's around 3-6%. So go to those banks you want to deposit your money and ask them about their rates. I'm sure they'll tell you.

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