If I deposited Rs 60000 in fixed deposit with OD facility of Rs 600000.. I have received the closure proceeds of Rs 491373 .. then how much is my FD interest.. pls help...
Replies (2)
Quick Summary
This discussion aims to help a user understand how to calculate their Fixed Deposit (FD) interest when they also have an Overdraft (OD) facility. The user provided details of their deposit and closure proceeds, seeking clarification on the interest earned. Advice given includes checking bank statements and account statements for both the FD and the loan to determine interest received and paid.