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deepashree shetty

Deepashree Shetty

The Gold Purchase Scheme (GPS) allows future gold purchases through monthly deposits.

Do Gold Purchase Schemes glitter more than Fixed Deposits? Here's what you need to know

by Deepashree Shetty |Feb 25, 2024

FD returns depend on the tenure of the deposit. Prevailing interest rates ranging from 5% to 7% are higher than the interest rates offered on a savings account, which stands at 4%.