Fd Rates Comparison

[Harsh Shah]

Hers's comparison of FD rates of diffrent banks.

 

[anuragmukherjee28]

Hers's comparison of FD rates of diffrent banks.

View attachment 8

It's helpful, thanks bro

 

[amitsaini]

Better to go with small finance banks for high interest like
Jana small finance bank
Ujjivan small finance bank
Equitas small finance bank

Deposit only till 5 lac.

Or choose good nbfc like
Bajaj finance

 

[Manoj Kohli]

Better to go with small finance banks for high interest like
Jana small finance bank
Ujjivan small finance bank
Equitas small finance bank

Deposit only till 5 lac.

Or choose good nbfc like
Bajaj finance

Any benefit of choosing nbfc like Bajaj Finance over Small Finance Banks?

 

[amitsaini]

Any benefit of choosing nbfc like Bajaj Finance over Small Finance Banks?

In nbfc you might see little more interest.
But if you want peace of mind better to go with sfb as you get 5 lakh insurance benefits on your bank balance and fd amount.
Also suggest not put in one nbfc or bank. Divide it across multiple banks and nbfc

 

[Akash]

Better to go with small finance banks for high interest like
Jana small finance bank
Ujjivan small finance bank
Equitas small finance bank

Deposit only till 5 lac.

Or choose good nbfc like
Bajaj finance

Are Those rates stable or too fluctuating.

 

[Akash]

Hers's comparison of FD rates of diffrent banks.

View attachment 8

Why do all the Mager banks have low interset.

 

[anuragmukherjee28]

Why do all the Mager banks have low interset.

??

 

[Pahulpreet Kaur]

There is always risk involved in NBFCs....which defeats the purpose of FD. Because in FD you would like to park only your emergency fund or money that you don't want risk at any cost. So, SFBs is much better for FDs (upto 5 lakhs only). If you want higher interest and have the appetite to take risk....go to stocks and mutual funds than NBFCs

 

[CAKaushik]

Instead of taking so much effort try using "Stable Money" one of the best platforms for comparing and investing in Fixed Deposits directly with the Bank/NBFC. Recently they also secured a $5million funding from Matrix Partners and Lightspeed.

 

[Pahulpreet Kaur]

Instead of taking so much effort try using "Stable Money" one of the best platforms for comparing and investing in Fixed Deposits directly with the Bank/NBFC. Recently they also secured a $5million funding from Matrix Partners and Lightspeed.

Yes, I tried Stable Money it is good if you want to go hassle free...best I got was 8.5% from Utkarsh Small Finance bank. Currently, they are giving Rs 250 Amazon Voucher on FD investment of min Rs 5000.

 

[Neutron]

Use a smart trick to get the higher Interest Rate on FD, take a secured credit card against 100% value of your FD and get the Credit Card Balance transferred into your Savings account....This way you may earn fixed interest on FD and same value can get transferred into Savings account....Have liquidity in hand for 15-50 days and enjoy SB interest as well...app is giving Free transaction upto some capping.

 

[jashan]

Use a smart trick to get the higher Interest Rate on FD, take a secured credit card against 100% value of your FD and get the Credit Card Balance transferred into your Savings account....This way you may earn fixed interest on FD and same value can get transferred into Savings account....Have liquidity in hand for 15-50 days and enjoy SB interest as well...app is giving Free transaction upto some capping.

It's not easy to transfer credit limit to your savings account