Fixed deposit alert! This man's TDS cut from FD; are you affected? Find out

The Fixed Deposit principal is always safe. But what would you do if one fine day you happen to realise that your trusted bank has reduced the principal amount of your fixed deposit? Let us find out how banks are reducing the principal amount of FDs, and how can you seek redressal.

Fixed deposit alert! This man's TDS cut from
Fixed deposits (FD) are a popular way to earn a fixed amount of interest income. This is especially true for the senior citizens who often have no other way to generate income than to live off the quarterly FD interest. Image source: PTI

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