H4CK_H0PP3R
TF Select
Trust me I searched all options. Best & safest is "slice" bank. Don't fall for FDs, equities etc.
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Can I Invest 1 lakh for 12-15 days every month and then withdraw?
ritwik2000
TF Ace
Wanted to know opinions from otherrs as well who opened slice bank account and kept good amount of money in it.
Is it trustable considering no physical branch at my place ?
I have slice SB account by NESFB with considerable money (according to my portfolio, ymmv). But, not all the money. I don't put all the eggs on the same basket. Diversification is very important.
Good question.
I don't live in NE or in Banglore to have a nearby branch. In finance, every penny comes with a risk factor. For example, stock market investments are bit too risky than FD. Gold is risky if we can't keep it in a safe custody. Cash is risky in a different manner.
Usually, keeping money in a bank without a nearby branch is risky. That's why I still haven't opened an SB account with Kotak. However, I took a different stance with slice (technically NESFB) and took the risk to open an SB account. If I had to visit a branch in slice, most others would have to do the same. So, I expect that in slice/NESFB, all things would be done online going forward (like re-kyc after a few years).
Please choose wisely. Please do not trust me or any online review.
"Legendary Wording ."