Mr. Murty opened a Senior Citizen account with your bank and he has been satisfied with the services since. After retirement from L& T he had joined a NGO-Drishti and made regular contributions to the NGO. Mr. Murty lives alone with his wife and does not require to spend too much. Even after charity spending, he is left with funds which he can use. Therefore his account is always holding an amount well over his MAB. Now he wishes to use the funds for further earnings. What type of fixed deposit would you offer him?
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Answer:
long term fixed deposits are use but suggest that he divide his money as 3parts and use 2parts as
Explanation:
2 different fixed deposits 1is put a side
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