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Fixed Income

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

Highest Tax Saving Bank Fixed Deposit Rates - 80C - May 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 →

Best Interest Rate on Recurring Deposits for Senior Citizens – May 2017

Highest Interest Rate on Recurring Deposits for Senior Citizens - May 2017 Recurring deposits (RD) with banks are one of the most popular investment options for people with regular income. RD enables to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). You might want to bookmark this page as the RD interest rates would be updated every month […] Continue reading →

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 →

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 →