FD vs Inflation Calculations Invested Rs 1 lakh-20 lakh in 5-year, 7 FD return? Know maturity's real worth at 6 inflation in 5 years

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FD vs Inflation Calculations Invested Rs 1 lakh-20 lakh in 5-year, 7 FD return? Know maturity's real worth at 6 inflation in 5 years ☶ Government Finance Inflation and deflation Lending Retail Banking www.zeebiz.com
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FD vs Inflation: Fixed deposit (FD) is a popular guaranteed return investment scheme for a number of Indians. At a time when FD rates are declining and inflation may eat into your profits, what will be the actual worth of your Rs 1-20 lakh investment in a fixed deposit scheme offering a 7 per cent interest for 5 years? See estimates!