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Tax-preserving repaired deposits have a predetermined rate of interest you to continues to be the same in the 5-season period. The attention prices to have Indian owners, HUFs and you will NRIs range from financial in order to lender and have upgraded very often. Older persons and you will lender team are supplied highest rates of interest. The attention try nonexempt, deducted during the origin, which is as put in your income. RBI provides announced another rule applicable so you can unclaimed, matured FD accounts.
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