India Lo Fixed Deposit

[Mr_PapaRayudu]

Please answer to my questions in steps...... Pedda pedda paragraphs raayali ante write it after answering all my questions ..... Thank you for your replies.....

 

 

-  India lo fixed deposit cheyadaniki ye bank best ?????

 

- What is the interest that they give  ?

 

- Can I break my money into multiple fixed deposits in one bank with one account  ???? You know why I want to do this. :)

 

- Madhyalo amount bayata ki , how much interest will I get  ???

 

- Manaki tax vuntundha Interest meedha vachina amount ki ??????

 

 

 

 

[Spartan]

-  India lo fixed deposit cheyadaniki ye bank best ?????

 

Any nationalised bank should be fine, 9% to 9.25% varaku varying currently depending on the term

 

 

- What is the interest that they give  ?

 

NRIs aite 8.25-8.75%, Senior citizens ki 9-9.25%

 

- Can I break my money into multiple fixed deposits in one bank with one account  ???? You know why I want to do this. :)

Yes u can..

 

- Madhyalo amount bayata ki , how much interest will I get  ???

 

madhyalo amount baitaki teeste...ekkada varaku undo..appada varaku calculate chesi..a quarter lo vachina interest ivvar anukunta..rest all istar..

 

- Manaki tax vuntundha Interest meedha vachina amount ki ??????

 

yes akkada interest meeda vachina dabbul ki nuvvu tax kattal..

if senior citizens parents peru meeda veste..vallaki india lo kuda tax undadu on amount earned on interest..

[perugu_vada]

Fixed deposit waste mayya, buy some land or something
Ala kadu i already have property liquid cash undali ani fixed chesthunna ante, ye bank aina okate, pedha diff em undadhu anukunta

[psycopk]

-  India lo fixed deposit cheyadaniki ye bank best ?????

--neeku acccount endulo undo chudu ... manchi interest rate iche banks prefer cheyi...

 

- What is the interest that they give  ?

--varies from bank to bank mostly between 8.75-9.5%.. it also depends on the amount and the duration..

 

- Can I break my money into multiple fixed deposits in one bank with one account  ???? You know why I want to do this. :)

--yes you can do it.. you have multiple fixed deposits in one bank...

 

- Madhyalo amount bayata ki , how much interest will I get  ???

--if you with draw before an year you will get no interest.. if you with draw after an year you will get 1%less than the amount you made the fixed deposit for... it may vary from bank to bank.

 

- Manaki tax vuntundha Interest meedha vachina amount ki ??????

-- if it is an NRI account India lo tax undadu, you have to file taxes in US for the earnings on foreign fixed deposits

 

[SeemaLekka]

- India lo fixed deposit cheyadaniki ye bank best ?????

Any nationalised bank should be fine, 9% to 9.25% varaku varying currently depending on the term


- What is the interest that they give ?

NRIs aite 8.25-8.75%, Senior citizens ki 9-9.25%

- Can I break my money into multiple fixed deposits in one bank with one account ???? You know why I want to do this. :)
Yes u can..

- Madhyalo amount bayata ki , how much interest will I get ???

madhyalo amount baitaki teeste...ekkada varaku undo..appada varaku calculate chesi..a quarter lo vachina interest ivvar anukunta..rest all istar..

- Manaki tax vuntundha Interest meedha vachina amount ki ??????

yes akkada interest meeda vachina dabbul ki nuvvu tax kattal..
if senior citizens parents peru meeda veste..vallaki india lo kuda tax undadu on amount earned on interest..

Parents Peru meda FD chesina ekkada taxes kattala?

[Hitman]

-  India lo fixed deposit cheyadaniki ye bank best ?????

 

Any nationalised bank should be fine, 9% to 9.25% varaku varying currently depending on the term

 

 

- What is the interest that they give  ?

 

NRIs aite 8.25-8.75%, Senior citizens ki 9-9.25%

 

- Can I break my money into multiple fixed deposits in one bank with one account  ???? You know why I want to do this. :)

Yes u can..

 

- Madhyalo amount bayata ki , how much interest will I get  ???

 

madhyalo amount baitaki teeste...ekkada varaku undo..appada varaku calculate chesi..a quarter lo vachina interest ivvar anukunta..rest all istar..

 

- Manaki tax vuntundha Interest meedha vachina amount ki ??????

 

yes akkada interest meeda vachina dabbul ki nuvvu tax kattal..

if senior citizens parents peru meeda veste..vallaki india lo kuda tax undadu on amount earned on interest..

 

sitti ... aaa highlighted point ki work around emi leda? Does IRS has access to all indian banks? what about "utttitti bank" type?

 

 

 

[psycopk]

Fixed deposit waste mayya, buy some land or something
Ala kadu i already have property liquid cash undali ani fixed chesthunna ante, ye bank aina okate, pedha diff em undadhu anukunta

 

+1

[Hitman]

Parents Peru meda FD chesina ekkada taxes kattala?

 

NO tax in USA.

[Mr_PapaRayudu]

Any banks in specific, which give high returns ???

[Spartan]

Parents Peru meda FD chesina ekkada taxes kattala?

 

no need..

[Spartan]

sitti ... aaa highlighted point ki work around emi leda? Does IRS has access to all indian banks? what about "utttitti bank" type?

 

 

 

 

uttiti bank is ok..

 

but naitonalised bank lo unte matram..they will get access now a days...

 

workaround..parents(senior citizens) peru meeda pedite..no tax, also good itnerest rate...

[Spartan]

Any banks in specific, which give high returns ???

 

all are giving 8.25-8.5% only man for NRIs

 

local senior citizens ki 9-9.25%...

[SeemaLekka]

no need..

Thx

[psycopk]

Any banks in specific, which give high returns ???

 

latest interest rates are here..

 

http://www.andhrafriends.com/topic/550125-siri/?hl=siri

[Mr_PapaRayudu]

Fixed deposit waste mayya, buy some land or something
Ala kadu i already have property liquid cash undali ani fixed chesthunna ante, ye bank aina okate, pedha diff em undadhu anukunta

 

I know.. but nenu lands or any kind of property kone amount pampinchatledhu India ki....  Oka 20k pampisthunna anthe....

 

Ippudu AP or TS lo vunna rates ki , with that amount I won't get anything.... So fixed deposit chedhamu anukuntunna..... Naku shares lo ela invest cheyalo kuda teleedhu....

 

So simple ga fixed deposit scheme ki pothunna...