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Fixed Income

Sovereign Gold Bond – FY 2017-18 – Series I – April 2017

Sovereign Gold Bond - Tranche VIII - April 2017 Government of India has launched the eighth tranche (Series I for FY 2017-18) of Sovereign Gold Bonds from April 24 to 28, 2017. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: April 24 […] Continue reading →

7 High Rated Companies Offering more than Bank Fixed Deposits – April 2017

High Rated Companies Offering more than Bank Fixed Deposits The interest rates offered by banks on their fixed deposits have come down significantly in last few months. Most banks are offering interests in the range of 6.5% to 7.5% on their fixed deposits. This has created problem for people who depend on bank fixed deposit for their income. However some best rated companies and institutions […] Continue reading →

10.4% Kosamattam Finance Ltd NCD – Apr’17 – Should you Invest?

Kosamattam Finance NCD – April 2017 Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.4% interest rate. The issue is already open for subscription and closes on April 27, 2017. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the state […] Continue reading →

Highest Tax Saving Bank Fixed Deposit Rates U/S 80C – April 2017

Highest Tax Saving Bank Fixed Deposit Rates - 80C - April 2017 Tax Saving Fixed Deposits one of the most popular way to save taxes u/s 80C of income tax. These are like normal Fixed Deposit with banks but is labeled as “Tax Saving FD” while making the deposit. Why you Should Invest? Convenient to invest. ICICI Bank, SBI, HDFC Bank, etc offers online facility for Tax […] Continue reading →