3 replies on this article “Recommendation on parking funds in Citibank Home Saver a/c?”

1. Vijay G says:

   March 11, 2013 at 9:18 pm

   Thanks for confirming Ashal!

   Reply
2. Ashal Jauhari says:

   March 10, 2013 at 6:20 pm

   Dear Vijay, Yes. it’s indeed a good approach.

   Thanks

   Ashal

   Reply
3. Vijay G says:

   March 10, 2013 at 4:08 pm

   Strangely my questions don’t appear!! Here is the question:

   I have a Citibank Home Saver (similar to SBI MaxGain) account on the home loan. I prefer to park funds here instead of investing in other places. The reason is this indirectly gives me tax free returns at the value of the rate of interest charged by the bank which is 11.75% . Is this a good approach?

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