Banks, public and private, offer tax-saving fixed deposits for the investors by which investors can save a maximum of up to Rs 1.5 lakh per year under Section 80 C.
With the latest hike in FD rates, the Axis Bank is now offering interest rates on deposits maturing in 7 days to 10 years that range from 3.50% to 7.00% for the general public and 6.00% to 7.75% for senior citizens. aaa