growth rate of your investment only if you see that you can earn at least 15 or 2 more than the loan rate then invest the surpluswhat about fixed deposits if any of your fixed deposits are maturing now wait for the fixed deposit rates to increase then opt for a deposit with a better rate when the repo rate stood at 44 percent state bank of india sbi indias largest lender by assets had interest rates in the range of 2958 percent for fixed or term deposits of up to five years an 8 interest is considered to be a decent return and experts expect fd rates to increase by 100 to 150 bps in the coming two to three quarters so there is a chance ates may hit 8 in the next two years for certain categories of depositshowever investors remember that interest earned on fixed deposits are taxable at the respective income tax slab so if you fall under the higher tax bracket of 30 you should ideally pick debt funds to reap the indexation benefit on longterm capital gains