To make payment of big purchase deals go for overdraft facility rather than taking personal loan or swiping a credit card. In case of personal loan or credit card you have to pay high interest.
Posts Tagged ‘Fixed Deposits’
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Best investment option for senior citizen to earn regular income
Posted by Tushar Mathur on February 9th, 2010
Whether a person is employed or approaching the retirement age, everyone searches for investment avenues which are safe and can offer regular income.
Investment options to Save Tax under Section 80C
Posted by Tushar Mathur on February 9th, 2010
No one likes paying tax and it prompts everyone to look for options that may reduce their tax liability.
Banks report surge in Casa ratio as against fixed deposits
Posted by Tushar Mathur on February 4th, 2010
In the past few months term deposit rates have lost sheen as banks have reduced rates. Now people prefer to park their money in current account savings accounts (Casa) rather than investing their money in fixed deposits for longer duration.
High inflation can reduced your fixed deposit close to zero
Posted by Tushar Mathur on January 19th, 2010
Last year all the banks reduced their fixed deposit rates for almost every period. Currently, according to official inflation figure is above 7 per cent which is a bad news.
