Question

Interest rates are not fixed for the duration the Savings Account is held for. All term deposits come with a fixed rate of interest that is specific to the duration of the FD. ... Most banks will offer senior citizens a higher rate of interest. There is no TDS charged on interest earned on a Savings account​

Answer 1

Answer:

Interest rates are not fixed for the duration the Savings Account is held for. All term deposits come with a fixed rate of interest that is specific to the duration of the FD. ... Most banks will offer senior citizens a higher rate of interest. There is no TDS charged on interest earned on a Savings account