10.4% ECL Finance Ltd NCD – May’19 – Should you Invest?
ECL Finance Limited has come out with public issue of non-convertible debentures (NCD) offering up to 10.4% interest rate and opens for subscription from May 10, 2019. Continue reading → ECL Finance Limited has come out with public issue of non-convertible debentures (NCD) offering up to 10.4% interest rate and opens for subscription from May 10, 2019. Continue reading →Download SCSS Calculator 2019
We have come-up with a simple excel based SCSS calculator where you can input investment amount and interest and it gives you the quarterly interest payout and the maturity amount. Continue reading →Misleading Advertisement by Banks on FD: interest rate VS yield?
Interest rates quoted by banks are compound interest while annual yield is equivalent to simple interest. Understand the concept of interest rate and yield on fixed deposit to escape misselling by banks Continue reading →Get up to 9% in Small Bank FDs (9.6% for Senior Citizens) – June’19
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 →11 Investments to get Monthly Income in India
Generating regular monthly income with low risk is a priority for many especially people who have retired or new entrepreneurs who need regular income until their business stabilizes. In this post we list down 12 investments which can help you generate your required monthly income. Continue reading →Post Office RD Interest Rate 2019
Post Offices like banks offer RD (Recurring Deposits) and offer very competitive interest rates. The latest Post Office RD interest rates for 2019 (Jan to Jun) is 7.3% with tenure of 5 years. Continue reading →SBI Saving Account Interest Rate Changes from May 1, 2019
SBI has made a very significant change in its Saving Account Interest Rate for balance of more than Rs 1 Lakh. It has linked the saving account interest rate and short-term loans to RBI Repo Rate. Continue reading →Post Office MIS Interest 2019
Post Office MIS is good investment option for someone looking to generate limited monthly income with no risk. The latest POMIS interest rates for 2019 (Jan to Jun) is 7.7% with tenure of 5 years. Continue reading →Post Office FD Interest Rate 2019
Post Offices like banks offer FD (Fixed Deposits) and offer very competitive interest rates. The latest Post Office FD interest rates vary from 7% for 1-year deposit to 7.8% for 5-year deposit. Continue reading →