POSTED BY April 8, 2012 1:49 pm COMMENTS (12)ON
I have 1 lac in my savings account(SBI Savings Plus with 9.25 % interest). I need it after 2 years for personal use. Shall I keep it in savings plus account or invest in FD or some other risk free investment scheme? please suggest.
Can i create multiple FDs say of 30 K each so that return is tax free?