Respected sir,                                                                           22/03/2011 I am a retired Bank official retired on 30/09/2009.At the time of my retirement the exemption limit for Gratuity was Rs.3.5/lacs.However due to wage revision i got arrears of Gratuity Rs.151000/-In the month of Aug 2010 by which time Gratuity Exemption limit was raised to Rs.10,00 000/- Whether gratuity arrears of Rs.151000/- […]

I want to give security of Finance to my child so please advice The best way of investment for long term of 15 years PPF or FD?

Hello Everyone,   I’m a 23 year old guy and its just been a year since I started working. Following are my investments and I hope you could suggest me some changes so that I can meet my short and long term goals. I acknowledge that I’ve made some grave mistakes during my initial periods […]

I need your advice. I would like to Invest around 5L in HDFC’s Monthly Income deposit(that gives me 9%) and SIP the monthly return in to any two mutual funds(It’s like Postal MIS + SIP). What you guys think about this

I am looking for good option for my mom. I have seen this post here. http://localhost/jagoforum2/option-for-senior-citizen-investment/607/ I came to know recently that Canara Bank is offering FD of 10.50% for 10 years. I am not sure about the interest payment (monthly/yearly etc). Planning to move part of the interest to some MF inthe name of […]

Did anyone use the facility of ICICI bank money multiplier account? Till now my account was linked to icici trading account so couldn’t use this facility. For those who dont know about this facility here is the link. I remember that earlier there was same kind of facility where in if you activate this, they […]

Hello all, I am offered a personnel loan with 8% interest. Should i take it and invest to generate 12 % return? I have 10K per month to repay the loan for next 3 years. Whats experts opinion if supposed they do have such opportunity.   regards   Jig  

QUESTION IS THAT I WANT TO DO FIX DEPOSIT IN sbi PL guide me that can it be done online and secondly, is there is chance of increasing the interest rates on the FD, AFTER new budget will come or should i submitt on FD with out the waiting of increase on the interest rates. […]

what is current interest rates of sbi on fixed depost and does any chance of increase of interest rates on the FD in the banks . should i wait for the FD to do or deposit now.

I’m planning to take a loan of 2.5L against my FD. FD currently draws 9% interest and the Bank has offered loan on 10% for 1 year. Is it a good idea? How much I’ll be paying as interest on Loan and how much I would be earning as Interest on FD component.