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Fixed Income

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

Highest Tax Saving Bank Fixed Deposit Rates – 80C – October 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 →

SBI Recurring Deposit Features & Interest Rate – October 2017

SBI Recurring Deposit Below are the features, interest rates, maturity amount along with other details for SBI Recurring deposit. SBI Recurring Deposit Scheme – Features: Maturity from 12 to 120 Months Nomination facility available The minimum amount of monthly installment shall be Rs 100. The amount of installment and number of installment can not be changed after opening of […] Continue reading →

Use SWP in Debt Funds to generate Regular Income

SWP in Debt Mutual Fund is Better than Fixed Deposit or Annuity to generate Regular Income Fixed deposit with banks are the most popular investment option for regular income after retirement. But with interest rates going down retirees have started exploring other options. Systematic Withdrawal Plan (SWP) in debt fund is one such option which retirees and people looking for regular income must evaluate. As per your SWP instructions to mutual fund, […] Continue reading →

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

Kosamattam Finance NCD – August 2017 Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.47% interest rate. The issue is already open for subscription and closes on September 1, 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 →