How much do Indians save in FDs? All India average is Rs 42, 573

Fixed deposits are the most preferred investment choice for investors to park their excess funds, and on an average Indians save Rs 42, 573 in FDs, according to data compiled by BankBazaar.

Amongst all the states in India, Delhi leads in terms of the amount saved on an average in a fixed deposit at Rs 80,872, followed by Maharashtra at Rs 73,206 and Mizoram at Rs 68,323.

In total, India currently has Rs 103 trillion saved across 24.23 million deposits.

Read more at Business Standard