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Fixed Income

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 →

Sovereign Gold Bond – July 2017 – Review & How to Apply?

Sovereign Gold Bond - Tranche IX - July 2017 Government of India has launched the eighth tranche (Series II for FY 2017-18) of Sovereign Gold Bonds from July 10 to 14, 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: July 10 […] Continue reading →

8.05% Mahindra Financial Services NCD – July’17 – Should you Invest?

Mahindra Finance NCD – July 17 – Should you Invest? Mahindra & Mahindra Financial Services Ltd, a leading rural non-banking financial company has come out with public issue of non-convertible debentures (NCD) offering up to 8.05% interest rate. The issue would open on July 10 and would close on July 28, 2017. M&M Finance NCD – Significant Points: Offer Period: July 10 to 28, 2017 Annual Interest […] 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 →