This special fixed deposit (FD) scheme from Central Bank gives you guaranteed return of 7.55%, know how
A large section of Indians prefer fixed deposit (FD) schemes that offer fixed income and guaranteed returns. In the same series, Cent Garima Term Deposit Scheme is also a special fixed deposit (FD) scheme from Central Bank. In this FD scheme, you have to deposit the amount only for 777 days and you will get an interest rate of 7.55 per cent. Along with that, you also get tax benefits and loan facility. Know eligibility criteria, minimum amount required for investment, and other details.
You also get the facility of loan on this Central Bank FD scheme. You can take up to 90 per cent of your deposit as loan. Photo: Pixabay/Representational