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Understanding the Meaning and Benefits of Fixed Deposits
The interest rate on an FD remains fixed throughout the tenure. This ensures that you know the exact returns you will receive at the end of the period.
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How To Apply For A Personal Loan With Low CIBIL Score?
Securing a personal loan can be tough, especially with a low CIBIL score. However, it is not impossible. Here are some steps to help you get a loan with a low credit score. Understanding Your CIBIL Score Your CIBIL score is a three-digit number from 300 to 900. It shows Read more…
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How Much Tax Gets Deducted from Fixed Deposits (FDs)?
The interest earned on FDs is subject to taxation. Thus, it is important to understand the nuances of Tax Deducted at Source (TDS) on these earnings. Let’s delve into how much tax gets deducted from FDs, the applicable rates, thresholds, and more. With TDS, the tax is collected at the Read more…