Ramesh is worried about to make fresh investment as interest rates going southwards, which is bad news for many savers , including senior citizens. Being a conservative investor, he has never looked beyond fixed deposits for his savings. Ramesh keeps evaluating bank FD interest rates for locking his funds for more than five years. But […]
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Category: Fixed Income
Falling Interest Rate: Looking beyond Bank Fixed FDs
A recent repo rate 50 bps cut has different impact for different segments of investors. Corporates are welcomed because their cost of capital will come down and stock markets are cheered due to ease of their liquidity. Existing and potential home loan borrowers are also feeling a relief because it brings down their EMIs. At […]
Differential interest rates on fixed deposits with early withdrawal option
Rich individuals and pensioners, who don’t mind keeping their large sum of money in fixed deposits for a fixed term, will get benefit for higher interest by opting without premature withdrawal option. RBI has directed to all banks to offer differential interest rates for fixed deposits by giving the option to choose between term deposits […]
Sukanya Samriddhi Scheme may not be suitable for everyone!
There have been a lot of discussion happening and reviewing about the Sukanya Samriddhi Scheme. The scheme envisages to motivate parents to augment their savings for specific goals such as the daughter’s education and marriage. The scheme primarily highlights giving a tax-free relatively high interest rate 9.2% p.a. among all other saving schemes which is […]
Debt Mutual Fund Schemes are not safe as FDs
Since inflation has been coming down over the past six months, RBI has recently exhorted to cut their repo rate. Having got the first rate cut after a long time, we are now expecting for a series of such cuts which may lead interest rate would be headed down and debt schemes of mutual fund […]
Revised Avatar Kisan Vikas Patra (KVP) launched!
Kisan Vikas Patra (KVP), was originally unveiled in the year 1988 and became the talk of town among small investors with its own unique selling propositions was “Double your Money in just 5 and half year”. Despite being a very popular small savings scheme, it was disbanded in November 2011 in the wake of it […]
How can reap the tax-free interest from NSC?
‘Old is gold’, this adage is very much true about the National Saving Certificate (NSC) which has been a favorite investment option for every conservative investors, even from a tax-saving point of view. Though, it has been losing its shine in compare with other investment options available like PPF, ELSS, and unit-linked insurance plans, this […]
Want a Cheap Loan? Pledge Fixed Deposits
Fixed deposits are one of the most darling instruments among investment avenues for every risk-averse investor where they park their substantial amount for a stipulated time period and get a fixed rate of interest which remains locked till the duration of their investment. But, at times, we may need some money in the wake of any […]