FD पर ज्यादा रिटर्न के लिए सही जगह करें निवेश: PNB और BoI सहित कई बैंकों ने बढ़ाईं ब्याज दरें, देखें अब कहां ज्यादा ब्याज

Punjab National Bank (PNB), Bank of India (BoI) and HDFC Bank have recently increased the interest rates on fixed deposits (FD). In such a situation, if you are planning to get an FD these days, then you must know about the new interest rates of these banks before that.

Here we are telling you how much interest the major banks of the country including these 3 banks are paying to the common citizens on FDs of less than Rs 3 crore. So that you can invest in the right place according to your convenience.

Keep these 3 things in mind while making FD

1. It is important to choose the right tenure
Before investing in FD, it is important to think about its tenure. This is because if investors withdraw before maturity, they will have to pay a penalty. If you break the FD before it matures, you will have to pay a penalty of up to 1%. This may reduce the total interest earned on the deposit.

2. Do not invest all the money in a single FD
If you are planning to invest Rs 10 lakh in FD in one bank, then instead of this invest in 8 FDs of Rs 1 lakh and 4 FDs of Rs 50 thousand in more than one bank. This way, if you need money in between, you can arrange for money by breaking the FD in between as per your need. Your remaining FDs will remain safe.

3. Tax exemption is available on 5 year FD
5-year FD is called tax savings FD. By investing in it, you can claim a deduction of Rs 1.5 lakh from your total income under Section 80C of the Income Tax Act. In simple language, you can reduce your total taxable income by up to Rs 1.5 lakh through Section 80C.