Welcome Guest. Sign in or Signup

1 Answers

NSC vs term bank fixed deposit interest rate?

Asked by: 217 views , , , , , , , , ,
Post Office

NSC vs term bank fixed deposit interest rate?, 9.0 out of 10 based on 1 rating
VN:F [1.9.22_1171]
Rating: 9.0/10 (1 vote cast)

What is the current interest rate in NSC?
Which is recommended for 80C tax exemption and why?
1. NSC by Post office (6yrs)
Or
2. Term deposit by banks (5Yrs).

Which bank is giving better interest on term fixed deposit (80C tax exemption).

Those who found this page were searching for:

Fixed Deposit Interest Rate,fixed deposit interest rates,nsc vs fd,nsc interest rate,bank fixed rates,Fixed Deposit Interest,fd vs nsc,nsc vs fixed deposit,all bank fd interest rates 2014,nsc v/s fd

1 Answers



  1. K. V. R on Jun 14, 2012 reply

    The best rates of interest on fixed deposit are offered by old private sector banks (like Lakshmi Vilas Bank, City Union Bank, Dhanlaxmi Bank, and certain new private sector banks like Yes Bank ). Term deposit is better than NSC. For senior citizens banks offer extra one percentage over and above the card rates. All the banks have their websites and interest rates have been displayed. If the fixed deposit is in excess of Rs.15 lacs, banks offer special rates that are normally higher than their card rates.

    By card rates, I mean displayed rates.

    -1 Votes Thumb up 0 Votes Thumb down 1 Votes




+Admin


Subscribe to Professional Answers on Investments by Email

Note: You will soon get email from Google Feedburner to confirm your subscription.


Professional Answers on Investments


If you are not satisfied with the above answers, tell us below and we will give you right answer.

OR

If you know the better answer, post below and prove your knowledge.


Answer Question

Do you like this website? Get future updates via our Free newsletter.

Email ID:

 
 

InvestmentKit is also available in

USA

Australia

Our Network:

InvestmentKit.com DodaCharts.com IndianPostOffice.Helpof.com AnswersKit.com SBILifeInsurance.Helpof.com RTILeaks.com
PaisaYehPaisa.com PublicProvidentFundIndia.com TechnologyPedia.com MoneySavingsHelp.com VedicAstrologyKit.com OneReviewADay.com
YellowPagesKit.com InvestmentKit.us Saatwik.com   InvestmentKit.com.au  
 Privacy and Disclaimer  

 www.InvestmentKit.com

     
Insurance is the subject matter of solicitation.

Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing.