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asked in Banks & Fixed Deposit by (140 points)

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Interest depends upon the tenure and interest rate from different banks. Pls check with your bank for that. The bank will deduct 10% TDS from the interest paid to you. You've to file your ITR at the end of financial year to know exact tax payable by you, depending upon your total income and tax slab.

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answered by (48.8k points)

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