1.5 lacs is the part of my savings that i have made all along from my salaries.
i want to get a huge retirement benefits at age of 51, require life insurance & my present age is 31.
say for about 5 years, so that i dont have to withdraw in between ??
do the investment i mean
i want to know how can i invest them and earn some interest as in using term deposit or PPF?
I was trying in mutual fund, Share market, and Income funds but i was failed my mutual fund i invested previously it goes to two rupees for face value ten rupees and Share which i bought it is disappear and income mutual funds will giving less interest so what can i do and recently if i want to invest in anywhere they started to ask my pan No. I dont have that most of them eat inflation.
We loaned in India, US$ $ , by checks and some cash to a large private company in India. That was 18 years ago.
They are willing return us in Indian Rupees with a Bank Draft with interest etc.
How do we bring it back to USA?
Should i invest it in SBI or any other nationalised bank?
The Reserve Bank of India provides a Reference Rate for Rupees per US Dollar for dates but other banks rate differ from this rate. So how do they determine the rate when an inward Wire Remittance comes to Indian Banks?
Have you heard about this site that is offering upto a lakh rupees of discount on flats in Bangalore? Let me know asap since I am planning to invest in Bangalore property?