Shriram Transport Finance Company Ltd, one of the largest asset financing non-banking finance companies for commercial vehicles has come out with public issue of non-convertible debentures (NCD) offering up to 9.70% interest rate. The issue opens on January 7, 2019 and closes on January 31, 2019. Shriram Transport Finance NCD – Significant Points: Offer Period: January […] Continue reading →
Taxation plays a very important role in the returns generated by your investment and so you should know how the investment is taxed before you choose one. We list down the most common investments and how they are taxed? Fixed Income/Debt Investments: 1. Saving Bank Account: Interest earned in Saving bank account up to Rs […] Continue reading →
The post lists down the rate of interest on Bank fixed deposits as of January 5, 2018. 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: The good news is IDFC Bank, Union Bank of India and some […] Continue reading →
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 →
RBI on September 2015 had granted licence to 10 Small Finance Banks. Lately these banks have been in news for offering higher interest rates on their fixed deposits as compared to regular banks. In this post we would tell you whats on offer by small banks and if you should invest and bank with them! […] Continue reading →
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 9.50% interest rate. The issue opens on January 4, 2019 and closes on January 25, 2019. Mahindra & Mahindra Financial Services NCD – Significant Points: Offer Period: January 4, 2019 to […] Continue reading →
Most banks are offering interests in the range of 6% to 8% on their fixed deposits. However some best rated companies and institutions are offering interest rates higher than banks. Below are the details of 7 companies which have high credit rating and offering interest rate more than banks on their fixed deposit schemes. SBI is offering 6.65% to […] Continue reading →
SREI Equipment Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.75% interest rate. The issue opens on December 19, 2018 and closes on January 18, 2019. SREI Equipment Finance is joint venture of SREI and BNP Paribas and deals with financing of Infrastructure equipment in organized sector. SREI Equipment […] Continue reading →
ECL Finance Ltd. has come out with public issue of non-convertible debentures (NCD) offering up to 10.60% interest rate. The issue opens on December 13 and closes on January 11, 2019. ECL Finance Ltd is a non-banking finance company, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to […] Continue reading →