Anushka Rathod Instagram – Here’s how you can earn higher interest on your FDs!
Banks offer a higher interest rate of upto 0.5% higher when the FD is done under a senior citizens’ name.
With FD rates set to reduce post the rate cut by RBI, this may be your last chance to lock-in these higher rates.
FDs with all banks, including small finance banks are insured by DICGC (an RBI subsidiary) upto Rs.5 lakhs per depositor.
Watch till the end for a hack on how to save taxes on your FDs!
[Anushka Rathod, Fixed Deposit, Interest Rates, Rate Cut, Reserve Bank]
#anushkarathod #fixeddeposit #interestrates #ratecut #reservebank | Posted on 11/Feb/2025 20:30:11
