Also what are other investment plans available in the market.
will take?Which optin is better FIXED or FLOATING rate?please help?
I would like to invest about 50,000 Rupees in a good Fixed Mutual Plan (FMP).
How interest is calculated on Fixed deposit account after due date?
Is the banker obliged to pay interest after the due date if the depositor does not come forward to close the account?
Is the balance amount on which the tax is paid, considered part of the earnings and taxed again?
I am trying to invest in FDs and I see that for 190, 390 & 590 days there are higher rates than other days. Like for eg. 190 days FD gets me 10.50% and 191 would get me 7.5% only. Why the difference? Is there a catch here?
For example if i sign up for a Fixed deposit for Rs10000 what would be the end amount?
I have a some amount and I want it to put in some place where it can multiply. Which is best Mutual funds or Fixed Deposit in any National bank? The interest rates appears to be less in FDs but are Mutual Funds safe and secure compared to FDs?