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Case of company fixed deposit. Fixed Deposit can be easily renewed. Tax is deducted at source,
from interest on Fixed Deposit as applicable, as per the Income Tax Act, 2061. There are several
advantages of fixed deposit investments, some of are the safest investment instruments, and offer
greater stability. Returns on fixed deposit are assured, and there is no risk of loss of principal. We
can opt for periodic interest pewits, to help to manage monthly expenses. There is no effect of
market fluctuations on fixed deposit, which ensures greater safety of investment capital. We can
benefit from higher interest rates offered by company fixed deposit. Some financiers also offer
greater returns for senior citizens. The interest earned from fixed deposit is taxable.

1.5.2 Review of Article

Dhungana (2011) The title of article “Impact of bank’s deposit in economic growth of Nepal”. He
has examines the bank’s deposit and its impact on economic growth of Nepal over the period of
1990 to 2010 A.D. The study was focused on the study the impact of commercial bank on
economic growth of Nepal. Trend analysis has been done to reach to the conclusion. From the
trend analysis in this article he has found that higher the deposit of the financial institutions, higher
the level of GDP and economic growth of the nation. Similarly, higher level of the deposit of
commercial banks has been contributing for the enhancement of nominal GDP and economic
growth of the nation.

Chawala & Shrinivasan (2014) Article on “Growth of Deposit and Factor that Effected by
Deposit Growth of Bank”. In his article he describe the growth of deposit affected by various
factors such as GDP, interest rate and expansions of bank branches. However these factors do not
effect deposit growth directly and in order to comprehensive picture the macroeconomic condition
of the country must be studied. There is a positive relationship between demand and time deposit.
The growth of deposit per bank study also shows that investment deposits ratio of priority sector
advances to total advances have improved during the period. The author concludes that overall
operational efficiency trend and growth of deposit mobilization of scheduled commercial banks in
Tamil Nadu for growth rate and substantiated his findings with simple regression analysis.