INVESTMENT IN FXED DEPOSITS:RATE OF INTEREST HAS PEAKED IN INDIA | Indian Stocks to Make You a Millionaire
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INVESTMENT IN FXED DEPOSITS:RATE OF INTEREST HAS PEAKED IN INDIA

Posted By On 8:43 PM
1.Though I have all the expertise for investment in stock market but I personally feel that one should not invest ones all eggs in same basket,so that you are properly hedged against the rough weather.

2.I have personally invested in fixed deposit for a period of 2 years as this is the time frame which is providing maximum rate of interest in India and rate stands for 10%(individuals) and 10.5%(Senior Citizens-age above 60 years) being offered by UTI BANK(now AXIS BANK)in India.

3.So if you have spare cash then invest for 1 year and 364 days as this is the best rate of interest you will ever get on your investment for the time being as rate of intersts have peaked and banks are in process of reducing the rate of interests.

4.So invest for 2 years and enjoy tension free interest being credited in your account or you can get the same interest in a cumulative manner also.

5.NOTE:This is not a promotional post for UTI bank but is a genuine advice for all those seeking high fixed income per month and that too tension free.

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