BANK FIXED DEPOSITS

Now these days banks are offering very attractive interest rates (@ 9% +) in India, so it is suggestible to keep at least one account with any Indian Bank and keep your investable funds in Bank FD.
Opening of bank account in India is not a difficult task; the banks are usually offering this facility through post itself

For other details / queries , drop a mail at prashant.singh@sbi.co.in