thinking of doing in indusind/idfc but for my father. 8.49/8.4 is really good.Parked 4.5L in Indusind/17months/7.99
Following, if there is something better than this too.
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thinking of doing in indusind/idfc but for my father. 8.49/8.4 is really good.Parked 4.5L in Indusind/17months/7.99
Following, if there is something better than this too.
they are very small banks, parents don't agree.RBL Bank: 8.1%
DCB and Bandhan Bank: 8.05%
Are they really safe?RBL Bank: 8.1%
DCB and Bandhan Bank: 8.05%
they are very small banks, parents don't agree.
IDFC & indusind are very close - 7.9 & 7.99
Bandhan Bank is the 6th largest private bank in India in terms of total Assets. That is bigger than IDFC (which is 9th largest). RBL Bank is 10th largest. At least they are safer than the small finance banks and NBFCs. Also each bank deposit is insured upto 5 lakh.Are they really safe?
Yeah both are good.they are very small banks, parents don't agree.
IDFC & indusind are very close - 7.9 & 7.99
Bank Name | Term of Deposit (Maximum Term with Highest RoI) | RoI (for Below 60 yrs) | RoI Senior Citizens | Annualized Yield | Netbanking/App |
AU Small Finance Bank | 12 Months | 8.00% | 8.50% | 8.24% / 8.77% for Sr. Citizens | Yes/Yes |
Capital Small Finance Bank | 400 Days | 8.05% | 8.55% | 8.29% / 8.82% | Yes/Yes |
ESAF Small Finance Bank | 2 Yrs to 3 Yrs | 8.25% | 8.75% | 8.50% / 9.04% | Yes/Yes |
Equitas Small Finance Bank | 888 Days | 8.25% | 9.00% | 8.50% / 9.30% | Yes/Yes |
Jana Small Finance Bank | 2 Yrs to 3 Yrs | 8.25% | 8.75% | 8.50% / 9.04% | Yes/Yes |
North East Small Finance Bank | >= 1 Year to 2 Year | 8.50% | 9.00% | 8.77% / 9.30% | Yes/Yes |
Shivalik Small Finance Bank | 18 Months to 24 Months | 8.55% | 9.05% | 8.82% / 9.36% | Yes.Yes |
Suryoday Small Finance Bank | 15 Months to <= 2 Yrs >2 Yrs to 3 Yrs | 8.50% 8.60% | 9.00% 9.10% | 8.77% / 9.30% | Yes/Yes |
Ujjivan Small Finance Bank | 365 Days or 12 Months | 8.25% | 8.75% | 8.50% / 9.04% | Yes/Yes |
Unity Small Finance Bank | 1001 Days | 9.00% | 9.50% | 9.30% / 9.84% | No/Yes |
Utkarsh Small Finance Bank | >= 2 Yrs to <= 3 Yrs 1500 Days | 8.50% 8.50% | 9.10% 9.10% | 8.77% / 9.41% 8.77% / 9.41% | Yes/Yes |
Corporate FDs are giving upto 9.4% and if you go for MLD or NCD, annualized return will be more than 10% secured. You may contact us to know more. Thanks 🙏Parked 4.5L in Indusind/17months/7.99
Following, if there is something better than this too.
CPI figures are never true and if RBI decides to rate cut then Govt will coushion it by showing fake CPI numbers just like they manipulated GDP figures for very long. Every Govt does it. While daily necessties prices have skyrocketed in last 6 months, CPI figures last time shown fake numbers again. While income is stagnant or not increasing at all, prices are going higher and that's not how economy works. This way most of higher middle class will slip to mid of middle class while mid-middle class will shift to lower middle class and doom for lower. People are getting poorer here at higher rate than other developing countries.I think interest rates have peaked out but to cut interest rates CPI inflation must go down from here.