This is an normaal interest in India lately.If we put money in a term deposit for a year, we can get 9.5% of interest.I heard there is 30% of interest tax.even so, it is still very high compared with the general Japanese interest rate.that is less than 1%.There is also 20% of interest tax.I don't know why most Japanese people still put most of their savings at a bank in Japan.If Japanese people want to double their capital, they need at least 72 years(72 / 1 = 72).There are not much prospective for their promotion or raise salary cos salary for Japanese people are already one of the highest in the world.In my opinion,they should take more resk and invest in a prospective marlket like India.If we put money in one Indian bank, our capital would be doubled in 8 years.