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Fixed Deposit

RBI Rate Cut Impact: Rush for Fixed Deposit and wait for your Loan

Reserve Bank of India - RBI Reserve Bank of India (RBI) in its monetary policy presented on January 29, 2013 cut repo rate and cash reserve ratio by 25 basis points each. Repo rate, the rate at which banks borrow from the central bank, has been slashed to 7.75%; and the cash reserve ratio, the portion of bank deposits the banks […] Continue reading →

Omaxe Limited Fixed Deposit Scheme – Jan 2013

Omaxe Ltd Fixed Deposit Scheme Omaxe Limited, the NCR based real estate company is offering Fixed Deposit Scheme for 6 months to 3 years tenure offering 11.5% – 12.5% Annual Interest. Scheme Highlights: Minimum Amount of deposit to be accepted is Rs.25,000/- and in multiple of Rs. 1,000/- thereafter. For Scheme A (Non Cumulative), interest will be compounded monthly and […] Continue reading →

UCO Tax Saver Deposit Scheme – Interest & Annual Yield [Miss-selling Advertisement]

UCO Tax Saver Deposit Scheme Its Tax Saving Season and all financial institutions are trying to en-cash this opportunity. If you are risk averse then five year tax saving deposit is one of the best avenues to save tax. UCO bank in its advertisement has published its annual yield, but has conveniently ignored to print the actual interest offered. I […] Continue reading →

Tax Treatment of Various Financial Instruments

Tax Treatment for Various Financial Assets Taxation on your investment is as important as the return on Investment. All financial instruments go through three stages Investment Earning Withdrawal The tax rules vary across the above three phases. This post would tell you how different financial Instruments are taxed in these three phases and what would be its impact on you. Based on […] Continue reading →

Jyoti Structures Limited Fixed Deposit Scheme

jyoti structure fd Jyoti Structures Limited offers Fixed Deposit Scheme for 1 – 3 years tenure offering 12% – 12.5% Annual Interest. Scheme Highlights: Minimum Amount of deposit to be accepted is Rs.25,000/- and in multiple of Rs.5,000/- thereafter. For Scheme A (Non Cumulative), interest will be calculated on a 365/366 days factor basis from the date of […] Continue reading →