Ankit765v
TF Buzz
Yes bro Same fd Mai bhi karunga 4L ki but slice card kaise mila š¤
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[Query] Slice Savings Account - Safe?
Arnal07
TF Ace
invitation mila tha app me.
Ankit765v
TF Buzz
Arnal07
TF Ace
fd kar lo.. kuchh din baad invitation milega
sahil1033
TF Premier
Slice is covered by DICGC's Rs. 5L insurance ... shouldn't be an issue.
RichieRich
TF Ace
1 lac to rakh sakte hai.. itna bhi koi issue nhi hoga.. 5Lac ki insurance toh hai hi
sunit123
TF Legend
On paper, it mentioned that this money is paid within 2 months but check what happened with depositors of failed banks like PMC bank etc...Rest is your choice, it is your money
Dr.AMAN
TF Legend
Afaik those who had <5L in PMC bank got their entire money within a year. Those who had >5L were also returned the money but in a phased out manner over 10 years. Ashneer grover has talked about this in a few podcasts. Upto 5L there is no need to worry. The current financial situation is strong enough to prevent any major collapse. Some or the other big bank will acquire the smaller banks if they collapse to save the depositors money. And anyways govt is planning to raise this 5L deposit guarantee amount soon
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RichieRich
TF Ace
Anyone able to approve the ipo mandate from slice savings account ? I am getting error each time
sunit123
TF Legend
bhai..99% janta ke agar 10 Rs gum ho jaye toh saari raat neend nahin aati....Do u think people have patience to wait for 1 year for 5 lakh rupees...What about interest rate lost on 5 lakh for 1 year
It is better to stay away from small banks.....better safe than sorry
fradela
TF Ace
Better stay away from this bank.
Put your money on Liquid Funds with instant redemption.
You can withdraw 50,000 within half an hour from Liquid Funds.
5 to 6 Liquid funds are enough. You can withdraw 3L immediately.
Park your 5 L in 5 or 6 Liquid Funds.
Returns (around 7%) are higher than this savings account.
Put your money on Liquid Funds with instant redemption.
You can withdraw 50,000 within half an hour from Liquid Funds.
5 to 6 Liquid funds are enough. You can withdraw 3L immediately.
Park your 5 L in 5 or 6 Liquid Funds.
Returns (around 7%) are higher than this savings account.
Quote of the day š
Dr.AMAN
TF Legend
It depends on risk appetite. With the current dull markets even MFs r giving muted results. Last 1 yr MF returns r pathetically lower than most FD rates. Slice has a strong business model and has already started showing profitability. It is not going to go bankrupt overnight anytime soon. We can break the fd and withdraw the entire amount within 1min. I would any day trust an RBI regulated SFB's FD over some midcap/aggressive MF in terms if safety and interest.
fradela
TF Ace
I'm not recommending here equity.
I RECOMMEND ONLY LIQUID FUNDS (DEBT FUND) for your parking money instead of savings account.
fradela
TF Ace
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Dr.AMAN
TF Legend
If u r keeping money aside for emergency then yes Debt MFs r fine. Otherwise if u r investing the money to get that extra alpha then debt MFs r a mistake. It is painful to see money rotting at 6.5-6.7% interest in debt MF while the inflation itself is >7%. (And not to mention rupee falling faster than ever). For purely investment purpose we need atleast 7.5% interest which Liquid MFs can never achieve.
Medical, Education and Lifestyle inflation is way beyond 15 > % @Cagr... šš
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