1) The Interest income you get from FD is fully taxable
2) FD returns cannot beat inflation
3) The interest rates are expected to keep falling in the long run
4) Breaking an FD prematurely, will result in an interest rate penalty
5) Your FD is no more secured, since it is guaranteed only upto Rs.1 lac by Deposit Insurance and Credit Guaranteed Corporation (DICGC)
Submitted June 29, 2017 at 05:17AM by siddesh712 http://ift.tt/2spRhsZ
