# Hidden Fixed Deposit Rate and Period

You might get lured by the attractive rates offered on fixed deposits (FD), but remember this FD is available for a specific period of time only.  For an example, a bank offers you FD rate of 10 percent for a period of  1 year and 45 days, but the rate comes down to 8 percent or so after the completion of specified time.

So basically what’s required on your part is make a thorough study about the rates, tenures and the interest rate chart before booking a FD.

# Other Necessary Precautions

Besides the above charges mentioned, you might get charged for international transactions, return of your couriers sent by the bank due to incorrect address and the checks returned without being paid are liable under the category of being charged by the bank. So make a note of the recommendations, read the details for every bank related work. A rupee saved is a rupee earned!

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