5 Banks Offering Up To 8% Interest Rates On Recurring Deposits – Top Speed News
Curated By: Business Desk Last Updated: September 08, 2023, 17:05 IST City Union Bank gives 8% interest on RDs to senior citizens. Investment in RDs is taxable. Both the money invested and the interest earned are taxed as per the defined slabs. Recurring deposits (RDs) are one of the ways to invest money in the…