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Fixed Income

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

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

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 →

Best Interest Rate on Senior Citizens Bank Fixed Deposits – September 2017

The post lists down the rate of interest on Bank fixed deposits for Senior Citizens as of September 4, 2017. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: Most banks offer FDs for tenure of 7 Days […] Continue reading →

PMVVY (Pradhan Mantri Vaya Vandana Yojana) 2017: Pension Scheme for Senior Citizens

Pradhan Mantri Vaya Vandana Yojana - PMVVY 2017 Our Prime Minister had announced a new Pension Scheme for Senior Citizens offering 8% returns for 10 years in December 2016. The proposal was also stated in Budget 2017. This has finally been launched on May 4, 2017 with the name of Pradhan Mantri Vaya Vandana Yojana 2017-18 (PMVVY). In this post we review PMVVY […] Continue reading →